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Elyse Schupak

@elyseschupak.bsky.social
51 followers 142 following 18 posts

climate & financial regulation policy @publiccitizen.bsky.social

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Elyse Schupak @elyseschupak.bsky.social · 18/09/2025
Trump is taking his “case” against Fed Governor Lisa Cook to the Supreme Court. It’s an obvious power grab and an illegal attempt to bring the Fed under the president’s control. Its also a recipe for higher prices, higher interest rates, and even more deregulation. www.citizen.org/news/trumps-...
citizen.org
Trump’s Attempt to Fire the Fed’s Lisa Cook Will Raise Costs and Increase Economic Hardship for Working Americans - Public Citizen
The attempted firing of Governor Cook ratchets up President Trump’s months-long assault on Federal Reserve independence...
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Elyse Schupak @elyseschupak.bsky.social · 22/08/2025
The Federal Reserve has once again left climate change off the agenda at Jackson Hole, ignoring the impacts of climate change on this year's theme: Labor Markets in Transition. www.citizen.org/news/reporte...
citizen.org
Reporters Note: The Federal Reserve’s climate change neglect continues at Jackson Hole - Public Citizen
Climate change will have destabilizing effects on insurance and housing markets, state and local governments, and contribute to a variety of adverse economic outcomes,
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Reposted by Elyse Schupak
Public Citizen @publiccitizen.bsky.social · 26/06/2025
We are losing to China in a competition for the future. Instead of producing energy smarter, the U.S. is defunding cleaner, safer, and cheaper energy. So the way to make America great is to fall behind??? Make it make sense.
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Elyse Schupak @elyseschupak.bsky.social · 06/06/2025
The Fed should address climate change in proportion to the impacts it will have on the economy, financial system, and banks under its supervision. But backtracking on climate initiatives post-election reveals it is instead political pressure driving Fed decisions. www.citizen.org/news/the-fed...
citizen.org
The Federal Reserve’s Approach to Climate Is a Stain on Its Independence - Public Citizen
Since the beginning of the second Trump administration, the Federal Reserve has abruptly changed course on its approach to measuring…
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Reposted by Elyse Schupak
Revolving Door Project @revolvingdoordc.bsky.social · 24/04/2025
NEW: "Mapping the Home Insurance Crisis" contains a series of interactive maps and tables to help people make sense of the climate change-fueled home insurance crisis. A collaboration with @publiccitizen.bsky.social. 🧵 ⬇️
therevolvingdoorproject.org
Mapping the Home Insurance Crisis | Revolving Door Project
A series of interactive maps and tables to help people make sense of the climate change-fueled home insurance crisis.
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Reposted by Elyse Schupak
Alan Zibel @alanzibel.bsky.social · 24/03/2025
With a $4.5 trillion fight over tax cuts looming, the oil and gas industry wants to protect billions of dollars in tax benefits it enjoys ... and get new ones, too. Great @insideclimatenews.org piece featuring @foeus.bsky.social @publiccitizen.bsky.social insideclimatenews.org/news/2403202...
insideclimatenews.org
Congress Is Searching for Trillions of Dollars in Cuts. Will the Oil Industry’s Tax Breaks Skate By? - Inside Climate News
With a $4.5 trillion fight over tax cuts looming, the oil and gas industry wants to protect billions of dollars in tax benefits it enjoys and get new ones, too.
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Elyse Schupak @elyseschupak.bsky.social · 03/03/2025
We don't need Trump/Musk recklessly hacking away at the FDIC--the agency responsible for keeping Americans' bank deposits safe for nearly a century. www.citizen.org/news/the-tru...
citizen.org
The Trump Administration is Targeting the FDIC, Putting Americans’ Financial Wellbeing at Risk - Public Citizen
President Trump’s twofold attack on the FDIC provides a new channel for President Trump and Elon Musk to enrich their friends on Wall Street.,
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Roosevelt Institute @rooseveltinstitute.org · 19/02/2025
🌪️ Climate disasters are hitting insurance and housing markets. In the first #FedLit issue, @karlsson-kris.bsky.social & Sarah Bloom Raskin explore how fragile insurers and mortgage delinquencies are tied to climate risk—and why the Fed must act. fedlit.substack.com/p/issue-1-cl...
fedlit.substack.com
Issue 1: Climate Disaster → Insurer Fragility → Mortgage Delinquency
“When Insurers Exit: Climate Losses, Fragile Insurers, and Mortgage Markets”
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Elyse Schupak @elyseschupak.bsky.social · 18/02/2025
Powell has been negligent on addressing climate-related financial risk for some time now. With Trump looming, Powell is ignoring risks and leading the Fed into further retreat. www.citizen.org/news/from-wi...
citizen.org
From Wildfires to Wall Street, Powell’s Retreat on Climate Change Puts Economy at Risk
President Trump has no plans to address climate risks other than to bully federal agencies and private institutions into ignoring them, but this reckless approach does not preclude action by the Feder...
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Alex Martin @alexmartin196.bsky.social · 11/02/2025
"Powell predicts a time when mortgages will be impossible to get in parts of US" finance.yahoo.com/news/powell-...
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Elyse Schupak @elyseschupak.bsky.social · 11/02/2025
begging the question, what will Powell do about that?
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Elyse Schupak @elyseschupak.bsky.social · 17/01/2025
Under the Biden Admin, climate change was an "emerging threat to financial stability," now I guess...its not?? Always nice to see Jay Powell's steel spine in action.
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Elyse Schupak @elyseschupak.bsky.social · 06/01/2025
Not a Barr-specific dis but Republicans have been so successful at dictating the boundaries of Fed policymaking because they understand the Fed’s total aversion to engaging in political fights...and are comfortable bringing the fights from which the Fed must flee. www.ft.com/content/2207...
ft.com
Michael Barr to step down as Fed’s top Wall Street regulator
Federal Reserve’s vice-chair for supervision will leave his role in February but stay on as Fed governor
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Elyse Schupak @elyseschupak.bsky.social · 24/12/2024
Banks only want two things: the ability to take on as much leverage as they want and a permanent safety net to save them when they do. The Trump Administration is great cover for banks to get exactly what they want. www.ft.com/content/56de...
ft.com
US banking lobby sues Federal Reserve over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinations
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Aaron Regunberg @aaronregunberg.bsky.social · 26/11/2024
Kamala Harris treated climate change as an issue to be avoided. But climate is one of Dems' best opportunities to tell stories that, like Trump's, have clear villains and center the way elites (like Big Oil CEOs) are hurting working class people. That's why it's time for climate populism.
newrepublic.com
The Answer to Democrats’ Class Problem Is Staring Them in the Face
The climate crisis offers one of the strongest fields imaginable for proving fealty to the working class against rapacious elites.
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Elyse Schupak @elyseschupak.bsky.social · 12/11/2024
I don’t think we can overstate how much Trump believes a good economy is measured first and foremost by asset prices going up. Keeping Powell (+ the tailwinds of falling inflation and falling interest rates) will make Wall Street happy. www.politico.com/news/magazin...
politico.com
The Real Reason Trump Won’t Try To Fire Jay Powell
Why is the Fed chair in a position to brush off Trump’s pressure? Because Wall Street has his back.
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