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Federal Reserve should care about climate change | READER COMMENTARY

Federal Reserve Chair Jerome Powell participates in a panel during a Central Bank Symposium at the Grand Hotel in Stockholm, Sweden Tuesday, Jan. 10, 2023. (Claudio Bresciani/TT News Agency via AP)

How very disappointing that Federal Reserve Chair Jerome Powell doesn’t feel it’s the Fed’s place to make a statement about climate and how its chaos can and will affect the economy, his portfolio (”Powell vows that Fed ‘will not be a climate policymaker,’” Jan. 10).

After my worry about human and animal life and that of all or most living beings — already documented in the impact and extinctions felt so far — I am aware that banks and insurance companies, perhaps all investors, will be impacted. This seems to me that it affects and will continue to affect the economy, and we should prepare.

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— Marilyn Carlisle, Baltimore

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