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Treasury Looks for Ways to Address Insurance Climate Risk
Complying with President Biden’s climate executive order, Treasury’s Federal Insurance Office today released a Request for Information (RFI) to assess existing climate-related issues or gaps in the supervision and regulation of insurers and their impacts on U.S. financial stability.
FRB Staff: Quarter Averaging Obscures Significant LCR Variation
Using confidential supervisory data, new research from FRB Staff concludes that U.S. GSIB daily LCRs experience significantly more variation than suggested by publicly-disclosed average, quarter-end figures.