US senators blast Treasury’s failure to move faster on climate risks

By Andrea Shalal WASHINGTON (Reuters) – Three U.S. senators blasted the Treasury Department on Thursday for its failure to act more swiftly to counter climate risks, and urged Secretary Janet Yellen to appoint a new climate counselor to lead the effort. In a letter to Yellen viewed by Reuters, Democratic Senators Elizabeth Warren, Sheldon Whitehouse and Edward Markey criticized the work done by John Morton, Yellen’s first climate counselor. Morton stepped down in December and returned to the private sector. The senators said nearly two years had passed since Treasury created a “Climate Hub” an…

Read More