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Tlaib, Pressley, Markey Unveil Bill Targeting Bank Fossil Fuel Financing

Original: Reps. Tlaib, Pressley, Senator Markey Announce Legislation to Stop Big Banks from Bankrolling the Climate Crisis

Representatives Rashida Tlaib and Ayanna Pressley, together with Senator Ed Markey, have announced legislation aimed at stopping major US banks from financing fossil fuel projects. The lawmakers frame the bill as a move to end what they call big banks' role in bankrolling the climate crisis, pressing the financial sector to cut off funding for oil, gas and coal expansion.

Why now: Lawmakers just introduced the bill, drawing attention to banks' fossil fuel financing.

Rashida TlaibAyanna PressleyEd MarkeyUS Congressbig banks

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• Reps. Tlaib, Pressley, Senator Markey Announce Legislation to Stop Big Banks from Bankrolling the Climate Crisis · House.gov

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