Tag Archives: Jesús “Chuy” García

House Dems Unveil Bill to Stop Wall Street From Destroying the Planet

“The Federal Reserve’s role is not to surrender our planet to corporate polluters and shepherd our financial system to its destruction,” said Rep. Rashida Tlaib, among the Democrats urging the Fed to end fossil fuel financing.

By Kenny Stancil, staff writer for Common Dreams.  Published 9-15-2021

The Marathon Oil refinery in St. Paul Park, MN. Photo: Tony Webster/Wikimedia/CC

Progressives on Wednesday applauded Democratic Reps. Mondaire Jones, Ayanna Pressley, and Rashida Tlaib for unveiling a bill that would prevent Wall Street from continuing to bankroll fossil fuels, the primary driver of the climate emergency.

The Fossil Free Finance Act (pdf) would require the Federal Reserve to mandate, via regulation or guidance, that all banks and other financial insitutions with more than $50 billion in assets phase out the funding of coal, oil, and gas extraction as well as industries linked to deforestation, in accordance with science-based targets for slashing carbon pollution. Continue reading

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New Bill Would Require Biden to Declare Wildlife Extinction Crisis a National Emergency

“Declaring the extinction crisis to be a national emergency would unlock key presidential powers that will halt the unraveling of the planet’s life-support systems.”

By Jake Johnson, staff writer for Common Dreams. Published 6-25-2021

A black footed ferret at the National Black-footed Ferret Conservation Center. Photo: USFWS Mountain-Prairie/flickr/CC

Democratic members of Congress introduced legislation Friday that would require President Joe Biden to declare the wildlife extinction crisis a “national emergency,” a move advocates say would allow the president to use specific executive powers to stem the destruction of habitats and protect species imperiled by human activity.

Led by Reps. Marie Newman (D-Ill.) and Jesús “Chuy” García (D-Ill.), the Extinction Crisis Emergency Act would “require all federal agencies to prioritize building back healthy wildlife populations, protect critical habitat, and integrate climate change concerns into the recovery of endangered species.” Continue reading

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