Creative Investment Research Issues Statement on OCC Climate Change Proposal

WASHINGTON - Feb. 15, 2022 - PRLog -- The Office of the Comptroller of the Currency recently issued Principles for Climate-Related Financial Risk Management for OCC-supervised banks with more than $100 billion in assets.

Given the fact that incompetence, anti-Black discrimination and exclusionary practices based on race are currently operational in investment and finance, including at the #OCC and other regulatory bodies, we declined to directly address the questions raised, having done so over the past 30 years. Our economic models clearly predict the outcome of this and related regulatory efforts.

As this record shows, over the past 30 years, Mr. Cunningham has sought to protect the public by working with Federal regulatory agencies. Further attempts to work with these institutions would be futile. Mr. Cunningham's interest in this matter stems from his role as an economist and an expert in marketplace innovation and ethics and rests upon his status as a citizen of the United States.

Our proposed solutions and comments can be found at: https://drive.google.com/file/d/1_BOz7yV3DprAKJLzeteurvqv...