07/14/2021

Confronting Climate Change

On May 20, President Joe Biden signed an executive order directing the Financial Stability Oversight Council – under Treasury Secretary Janet Yellen – to coordinate regulatory efforts around climate-related financial risk. “Our pensions, our savings – our future livelihoods – depend on the financial sector to build a more sustainable and resilient economy,” Yellen said in her remarks that day. “We all need to have the best tools and the best data to make well-informed decisions.” The executive order, she added, will set regulators and financial institutions on the right path. Biden’s executive order is just the latest example of…

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WRITTEN BY

Emily McCormick

Vice President of Editorial & Research

Emily McCormick is Vice President of Editorial & Research for Bank Director. Emily oversees research projects, from in-depth reports to Bank Director’s annual surveys on M&A, risk, compensation, governance and technology. She also manages content for the Bank Services Program. In addition to regularly speaking and moderating discussions at Bank Director’s in-person and virtual events, Emily regularly writes and edits for Bank Director magazine and BankDirector.com. She started her career in the circulation department at the Knoxville News-Sentinel, and graduated summa cum laude from The University of Tennessee with a bachelor’s degree in Spanish and International Business.

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