Tag: economy and society

In this week’s edition of Economy and Society: On Wall Street and in the private sector Net Zero Asset Managers relaunches with fewer U.S. firms What’s the story? On Feb. 25, the Net Zero Asset Managers (NZAM) initiative announced its relaunch with 253 signatories after suspending operations for a year. The coalition revised its membership…

In this week’s edition of Economy and Society: In Washington, D.C. JPMorgan confirms closing Trump accounts after Jan. 6 What’s the story? JPMorgan Chase acknowledged in a court filing that it closed the bank accounts of President Trump (R) and several of his businesses in February 2021, following the Jan. 6, 2021, breach of the…

In this week’s edition of Economy and Society: In Washington, D.C. SEC reviews ESG disclosure rule What’s the story? Securities and Exchange Commission (SEC) Chairman Paul Atkins testified Feb. 11 before the U.S. House Financial Services Committee that the agency is reviewing regulations adopted during the Biden administration, including the 2023 amendments to the Investment…

In this week’s edition of Economy and Society: Around the world EU adopts voluntary standards for carbon removal What’s the story? On Feb. 3, 2026, the European Commission announced that it adopted voluntary standards for carbon removal projects, creating a framework to enable certification and investment in permanently remove carbon dioxide from the atmosphere. The…

In this week’s edition of Economy and Society: In Washington, D.C., and around the world Senate Banking chair aligns with Trump on ESG What’s the story? On Jan. 22, 2026, Senate Banking Committee Chairman Sen. Tim Scott (R-S.C.) said that he supports President Donald Trump’s (R) efforts to limit the use of non-financial screening criteria…

In this week’s edition of Economy and Society: Around the world JP Morgan Asset Management reduces restrictions on defense investment What’s the story? JP Morgan Asset Management (JPMAM) lifted defense-related investment exclusions across dozens of its United Kingdom and European funds, allowing those funds to invest in a wider range of defense and aerospace companies,…

In this week’s edition of Economy and Society: In Washington, D.C., and around the world House passes bill limiting ESG use in retirement plans What’s the story? On Jan. 15, 2026, the Republican-led U.S. House of Representatives passed the Protecting Prudent Investment of Retirement Savings Act (H.R. 2988) by a 213–205 vote, advancing legislation that…

In this week’s edition of Economy and Society: In Washington, D.C., and around the world Investor group urges SEC to oppose forced arbitration What’s the story? The Council of Institutional Investors (CII) sent a letter on Nov. 6, 2025, to Securities and Exchange Commission (SEC) Chairman Paul S. Atkins opposing recent SEC actions related to…

In this week’s edition of Economy and Society: Around the world China launches first corporate climate disclosure standards What’s the story? On Jan. 5, China's Ministry of Finance released the country’s first national corporate climate report framework, titled Corporate Sustainable Disclosure Standard No. 1 – Climate (Trial). The standard sets voluntary guidelines for companies to…

In this week’s edition of Economy and Society: Programming note: Economy & Society is off the next two weeks. We’ll be back on Jan. 7, 2026.  In Washington, D.C., and around the world President Trump expands oversight of proxy advisors What’s the story? Last week, President Donald Trump (R) issued an executive order increasing federal…