By Neil Roland ( June 4, 2026, 20:47 GMT | Insight) -- US banking regulators said they consider climate change to pose a risk to banks, but no greater than other potential hazards. “We do recognize that there are risks to banks and to their bank balance sheets from weather events and other related natural disasters,” Michelle Bowman, the Federal Reserve’s vice chair for supervision, told lawmakers Thursday. “We do require our banks to mitigate for those risks and to take those into account as they're doing underwriting activities, but we don't see climate as a bigger risk than other related risks like financial risks to the balance sheet.”US banking regulators said they consider climate change to pose a risk to banks, but it is no greater than other potential hazards....
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