Climate activists want a new US central bank chief — here’s why

Current US Federal Reserve Chair Jerome Powell has drawn ire from Republicans for his policies regarding climate change, while progressives feel he hasn’t gone far enough to address the crisis.

Just call it bankerpalooza, virtual edition. On Friday, central bankers, finance ministers, government officials, academics and financial market participants are set to discuss the biggest economic issues facing the United States and the world as part of the Federal Reserve Bank of Kansas City’s Economic Policy Symposium in Jackson Hole, Wyoming. This year’s gathering will be held virtually due to concerns about the fast-spreading Delta variant of the coronavirus.