BACK TO (GREEN) BUSINESS
While Congress and media attention will be preoccupied with Afghanistan, infrastructure, and the budget bill when it returns, House and Senate committee work before the summer recess will also press on. This will very much include climate risk given its top-priority importance to Democrats and their electoral base. Although most of the focus on climate risk will come in the context of the infrastructure and budget battles, finance won’t be forgotten. HFSC and Senate Banking will thus turn to the climate-risk initiatives launched earlier this year.