[66][67][68] On June 9, Gensler announced that the SEC would review market structure following the GameStop short squeeze and the AMC Entertainment Holding, Inc. meme stock short squeeze,[69] and Gensler signaled in an interview with Barron's the following August that a complete ban on payment for order flow was being considered by the review. [187][188] On February 24, Southern New York U.S. District Court Judge Alison Nathan issued an order rejecting requests made by Musk in his February 21 letter,[189] while the SEC was in the process of conducting an insider trading investigation of Musk and his brother Kimbal Musk for a $108 million sale of Tesla stock before Elon's November 2021 tweet. Gensler was married to filmmaker and photo collagist Francesca Danieli from 1986 until her death from breast cancer in 2006. "The Path Forward: Cryptocurrency with Gary Gensler". $3.99 delivery Jan 31 - Feb 22 . [159][160] On June 14, DWAC disclosed that the SEC issued a subpoena for additional company documents and information about the merger. Gensler's role as a professor at MIT is widely known. Gensler lives in Baltimore with his three daughters, Anna, Lee and Isabel. Internet searches showed no immediate relationships between them and FTX. [152], On November 18, 2021, U.S. Gensler's piece was apparent face-saving from a blistering takedown of his "cryptocurrency confusion" by law professor J.W. Don't You Believe It", "An Ex-Goldman Man Goes After Derivatives", "CFTC chief Gary Gensler is out to police financial Wild West", "President Clinton Names Gary Gensler as Under Secretary for Domestic Finance at the Department of the Treasury", "Goldman Alum Who's Trying to Fix Wall Street", "Investment Bankers Play Football's Newest Position", "President-elect Obama announces choices for SEC, CFTC and Federal Reserve Board", "At Center of Derivatives Debate, a Gung-Ho Regulator", "Remarks of CFTC Chairman Gary Gensler Swearing-In Ceremony", "Swaps regulator Gensler: banker turned Wall Street scourge", "Gary Gensler defends record as he leaves CFTC", "Remarks of Chairman Gary Gensler before the ISDA European Conference", "Libor Case Energizes a Wall Street Watchdog", "Q&A: what is Libor and what did the banks do to it? He probably shouldn't have", "Elon Musk might be held in contempt of court over a Tesla tweet", "Elon Musk and SEC reach an agreement over tweeting", "US SEC commissioner decries agency's deal with Tesla's Musk", "Elon Musk claims Tesla solar production will jump. Gary Gensler, nominated to head the Securities and Exchange Commission, previously ran the Commodity Futures Trading Commission and is a former Goldman Sachs banker. [18] His nomination was officially sent to the U.S. Senate on January 20, 2009. [14][23] Gensler was sworn in on May 26, 2009, pledging to work to "urgently close the gaps in our laws to bring much-needed transparency and regulation to the over-the-counter derivatives market to lower risks, strengthen market integrity and protect investors". [65], On June 4, the SEC voted to remove William Duhnke as PCAOB Chair and began an investigation on June 17 of his handling of internal complaints while serving as PCAOB Chair. Prior to getting appointed to the SEC, SEC Chair Gary Gensler was a Professor for the Practice of Global Economics & Management at MIT. [14], Then-President-elect Barack Obama announced his intent to nominate Gensler to serve as the 11th chairman of the CFTC on December 18, 2008. Gensler was born into a Jewish family,[6] in Baltimore, Maryland, one of five children of Jane (ne Tilles) and Sam Gensler. Aug 19, 2021 at 5:12 p.m. UTC Updated Sep 14, 2021 at 1:42 p.m. UTC. He and Francesca got married in 1986. [13] At 30, Gensler became one of the youngest persons to have made partner at the firm at the time. [15] He subsequently made the transition to trading and finance[16] in Tokyo,[8] where he directed the firm's fixed income and currency trading. [139][140][44] On October 18, the SEC released the report. [85][86] On June 27, FTX CEO Sam Bankman-Fried stated that no mergers and acquisitions discussions were being held with Robinhood Markets about an acquisition (despite reports of internal discussion to do so and reports of the company approaching at least three stock trading start-ups about acquisitions). On King's Holiday, Daughter Calls . Leather Bound. [27] He oversaw the agency as it wrote 68 new rules, orders and guidances[28] and as its reach extended from a $35 trillion futures market to a $400 trillion swaps market. Following is the unofficial transcript of a CNBC exclusive interview with SEC Chair Gary Gensler on CNBC's "Squawk Box" (M-F, 6AM-9AM ET) today, Monday, October 3 rd. He warned of the . [21], As Undersecretary of the Treasury for Domestic Finance, Gensler advised and assisted Treasury Secretaries Robert Rubin and Lawrence Summers on aspects of domestic finance, including formulating policy and legislation in the areas of financial institutions, public debt management, capital markets, government financial management services, federal lending, fiscal affairs, government sponsored enterprises, and community development. Most of what Gary Gensler saw of 1960s Maryland politics was not admirable, he said, but it was never boring. This is when he oversaw things like finances, international affairs, economics, banks, and communities. [158] In a securities filing dated June 8 and disclosed to the Florida State Department Corporations Division, DWAC stated that Donald Trump and Donald Trump Jr. had been removed from the company board of directors. Interestingly, Alameda Research CEO Caroline Ellison is the daughter of Glenn Ellison. REUTERS/Jose Luis Magana/File If Gary Gensler sounds a lot like Elizabeth Warren, it's not by accident but by design. "The proposal is contrary to SEC history, securities law, and sound regulatory practice", the paper wrote. Rainier and Mt. WASHINGTON, DC - SEPTEMBER 14: Gary Gensler, Chair of the U.S. Securities and Exchange Commission, testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the . Outside of Gensler's business and public service career, Gensler has co-authored a book with Greg Baer, a fellow Clinton Administration alum, The Great Mutual Fund Trap. In fact, the SEC chair gave a course on 'Blockchain And Money', which explores potential use of blockchain technology. Department staff Mr. Gensler was most recently a partner of the international investment banking firm, The Goldman Sachs Group, L.P. Mr. Gensler joined Goldman Sachs in 1979 in the Mergers & Acquisition Department. $54.95 $ 54. [60], On May 6, 2021, Gensler testified before the U.S. House Financial Services Committee about the GameStop short squeeze, Robinhood Markets, Archegos Capital Management, market concentration among market makers for payment for order flow, conflict of interest in best execution for trades with PFOF, trading gamification in mobile trading apps and high-frequency trading, the SEC consolidated audit trail, data security, usage of social media and the internet in market manipulation, and ESG disclosure rules (including those proposed by the Task Force on Climate Related Financial Disclosures led by former New York City Mayor Michael Bloomberg). [17], Gensler's last role at Goldman Sachs was co-head of finance, responsible for controllers and treasury worldwide. [149][150] After the company renamed itself as Meta Platforms,[151] Whistleblower Aid filed two additional securities fraud complaints with the SEC against the company on behalf of Haugen in February 2022. [137][138] On September 14, Gensler announced the imminent release of an agency report on the short squeeze in testimony before the U.S. Senate Banking, Housing, and Urban Affairs Committee. [35] In 2019, the state enacted additional Commission-recommended legislation to create a Student Borrower Bill of Rights to protect students from predatory practices. [207] On April 25, the Twitter board of directors unanimously agreed to Musk's acquisition proposal at $44 billion. The Senate approved him in a 53-to-45 vote, with nearly all Republicans . [15], While serving at the Treasury Department, Gensler was awarded the agency's highest honor, the Alexander Hamilton Award, for his service. [164][165], On November 6, 2021, Tesla, Inc. CEO Elon Musk posted a tweet on his Twitter account that conducted a poll of his followers over whether he should sell 10% of his Tesla stock. [14] He spent the 1980s working as a top mergers and acquisitions banker, having assumed responsibility for Goldman's efforts in advising media companies. . By Gary Gensler April 8, 2022 by Gary Gensler. [1] Gensler previously led the BidenHarris transition's Federal Reserve, Banking, and Securities Regulators agency review team. I hope that my educational and professional background has prepared me for the position to which I have been nominated. On April 17, 2021, noted crypto skeptic Gary Gensler became the chairman of the SEC, the main securities regulator in the United States. CFTC Headquarters Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 202.418.5000 Congress. Gary Gensler's ex-wife is non-other than Francesca Danieli, a filmmaker and photo collagist by profession. People profiles. [120] On April 12, Alphabet Inc., Meta Platforms, Shopify, McKinsey & Company, and Stripe, Inc. announced a $925 million advance market commitment of permanent carbon removal from companies that are developing the technology over the next 9 years. (Archived Content) The United States Senate voted today to confirm Gary Gensler as the Assistant Secretary of the Treasury for Financial Markets. [25] Upon becoming chairman, Gensler began leading the Obama Administration's effort "to start policing the Wild West of finance: the murky market for over-the-counter derivatives". Almost exactly one year ago, Gary Gensler was confirmed as chair of the Securities and Exchange Commission. Today [April 6], the Commission is considering a proposal to create a framework for the registration of security-based swap execution facilities (security-based SEFs). #FTX Mr. Whale whalechart.org (@WhaleChart) November 11, 2022 Lots of weird connections coming out the woodworks too. by One Hun [Leather Bound] Nominations of Susan G. Esserman, Timothy F. Geithner, Gary S. Gensler, Edwin M. Truman, and David C. Williams : hearings before the Committee on Finance, United States Senate | Jan 1, 2018. During his time at MIT, Gensler worked closely with Glenn Ellison. Tom WilliamsCQ-Roll Call/Getty Images. He was nominated by President Bill Clinton to be the Assistant Secretary of the Treasury for Financial Markets. Gensler testified on Cryptocurrencies: Oversight of New Assets in the Digital Age before the U.S. House of Representatives Committee on Agriculture on July 18, 2018. Gary Gensler December 15 2022 Financial & markets regulation US markets watchdog plans biggest overhaul of stock trading in nearly 20 years Proposals by Securities and Exchange Commission aim to. [132][133][134], On March 2, 2021, Rocket Mortgage saw a more than 70 percent spike in its stock price during the GameStop short squeeze due to a surge in trading following discussion of the company on r/wallstreetbets,[135][136] but the Rocket Mortgage stock price reverted back to its pre-surge level the next day. [231] On July 14, the SEC disclosed a letter sent to Musk on June 2 for additional information about his 13D filing on April 5. Gary Gensler's controversial tenure as chairman of the Securities and Exchange Commission could reach peak drama over a 45-minute Zoom call with Sam Bankman-Fried, the former crypto wunderkind. [255], Gensler is a runner and has finished nine marathons[8] and one 50-mile ultramarathon. Before joining the SEC, Gensler was professor of the Practice of Global Economics and Management at the MIT Sloan School of Management, co-director of MIT's Fintech@CSAIL, and senior advisor to the MIT Media Lab Digital Currency Initiative. [241][242] On July 25, Tesla disclosed in a filing with the SEC that the company had received a second subpoena from the agency on June 13 with respect to the 2018 settlement. Rachana Shanbhogue (2021) "A three-way fight to shape the future of digital finance has begun". Months later, as Clinton launched her presidential campaign, Gary Gensler, who had been a Goldman Sachs banker before he became a senior policy aide and Bob Rubin protg during the degulatory. [9], In 1979, Gensler joined Goldman Sachs, where he spent 18 years. [75] On August 27, the SEC launched a review of strategies and practices used by online brokers and investment advisors that promote user engagement with trading gamification. Gensler was married to filmmaker and photo collagist Francesca Danieli from 1986 until her death from breast cancer in 2006. April 16, 2022. [157] On February 18, 2022, the U.S. 11th Circuit Court of Appeals ruled in a lawsuit against Bitconnect that the Securities Act of 1933 extends to targeted solicitation using social media. [220][221] On May 24, Reuters reported that since the April 2019 amended settlement between Musk and the SEC, agency officials have consciously chosen not to pursue legal action against Musk for violating the terms of the agreement and to write letters urging compliance instead due to remarks made by the presiding judge during the case. [39] On April 19, 2021, the Senate confirmed Gensler to a 5-year term through 2026 by a vote of 5445. [30] Libor is the average interest rate estimated by leading banks in London that the average leading bank would be charged if borrowing from other banks. He won the MIT Sloan Outstanding Teacher Award based . Gensler conducts research and teaches on blockchain technology, digital currencies . Gensler served in the United States Department of the Treasury as Assistant Secretary for Financial Markets from 1997 to 1999, then as Undersecretary for Domestic Finance from 1999 to 2001. Gary Gensler's campaign for market transparency is getting more transparent. It accused the SEC chairman of trying "to regulate private companies by the back door" and following the bidding of BlackRock and other investors. [15], While at Goldman Sachs, Gensler led a team that advised the National Football League in capturing the then-most lucrative deal in television history, when the NFL secured a $3.6 billion deal selling television sports rights. He's on . [129][130][131] On June 30, the Supreme Court ruled in West Virginia v. EPA (2022) that the U.S. Environmental Protection Agency did not have the authority under the Clean Air Act to devise a broad cap-and-trade system for carbon emissions by power plants that the agency attempted to promulgate under the Clean Power Plan and instead that the authority to do so rests with the U.S. . [194] On March 29, Musk filed another letter with the court reiterating his First Amendment concerns. . Gensler also received a $1,000 honorarium, a voluntary payment, by the World Bank on November 20 2019. Gary Gensler is Professor of the Practice of Global Economics and Management, MIT Sloan School of Management, Co-Director of MIT's Fintech@CSAIL & Senior Advisor to the MIT Media Lab Digital Currency Initiative.He conducts research and teaches on blockchain technology, digital currencies, financial technology, and public policy. Senators Kirsten Gillibrand (DNY) and Cynthia Lummis (RWY) introduced a bill in the 117th U.S. Congress to create a regulatory framework for cryptocurrencies that would treat most digital assets as commodities subject to oversight from the CFTC and would not have cryptocurrencies subject to oversight from the SEC unless a cryptocurrency's holders were entitled to the same privileges as corporate investors. [11], Gensler served on the board of for-profit university Strayer Education, Inc. from 2001 to 2009.[20]. Following is a link to. [123][124], On May 25, the SEC proposed two rules changes to ESG investment fund qualifications to prevent greenwashing marketing practices and to increase disclosure requirements for achieving ESG impacts. [51] On May 18, Gensler testified before the U.S. House Appropriations Subcommittee on Financial Services and General Government requesting an even greater increase to its appropriation in the 2023 U.S. federal budget than the 8 percent increase proposed by President Biden. [232][233] On July 15, Musk filed a motion requesting that the court not grant Twitter's request for a speedy trial,[234][235] while Twitter submitted an amended proxy statement with the SEC that urged company shareholders to approve the acquisition agreement. [76] On December 2, the SEC finalized a rule to implement the Holding Foreign Companies Accountable Act. His mom worked for Hillary Clinton and now works for joe Biden. November 18th, 2021, 2:18 AM PST. Gary Gensler, chairman of the Securities and Exchange Commission, has three daughters. Ray, the new CEO, was born just two years after Gensler, making the alleged family relationship impossible. He is a member of the New York Fed Fintech Advisory Group, a group of experts in financial technology that regularly presents views and perspectives on the topic to the president of the New York Fed. [11] Barclays alone paid $450 million in fines as a result of the Libor investigation. Gary Gensler's ex-wife is non-other than Francesca Danieli, a filmmaker and photo collagist by profession. [73][74] On August 6, the SEC approved new rules implemented by Nasdaq, Inc. requiring that companies listed on its exchanges to include at least one female member on their boards of directors and at least one racial minority or LGBTQ board member and to require disclosure of statistics measuring the diversity of their board membership. [80] On February 11, the SEC met to discuss more than 50 proposed rules changes (focused primarily on hedge funds and private equity) including a requirement that the disclosure documents of stock corporations must include a written statement of company cybersecurity risk management policies and disclosure of any cyberattacks. . Lead Producer: Sophie Erickson Producers: Zach Goldbaum, Caity Gray Assoc. [40], On September 14, 2021, Gensler testified before the U.S. Senate Banking, Housing, and Urban Affairs Committee that the SEC was in need of large staffing increases to address regulatory concerns related to cryptocurrencies and other digital assets,[41][42] and Gensler likened the cryptocurrency market to a "Wild West". . The book uses empirical data to show that the average mutual fund consistently underperforms the market. . I want to thank them for all of their support. He raised three daughters alone after his wife died from cancer in 2006. [7] Sam Gensler was a cigarette and pinball machine vendor to local bars,[8] and he provided Gensler with his first exposure to the real-world side of finance when Sam would take Gensler to the bars of Baltimore to count nickels from the vending machines. In his remarks, he explained how blockchain technology has the potential to transform the world of finance. [227][228], On July 8, Musk filed a letter with the SEC sent to Twitter executives notifying them that he intended to terminate his acquisition proposal of the company, to which Twitter Board Chairman Bret Taylor posted a tweet stating that the company would continue to attempt to close the transaction and that it would pursue legal action to enforce the merger. [254], Gensler won the MIT Sloan Outstanding Teacher Award based upon student nominations for the 201819 academic year. Featuring, in order of appearance: Gary Gensler Executive Produced by Jon Stewart, Brinda Adhikari, James Dixon, Chris McShane, and Richard Plepler. Gensler, who was appointed as SEC chair in 2021, has three daughters: Anna, Lee and Isabel. SEC Chair Gary Gensler is under firefrom both sides of the aisle. SEC Chair Gensler Talks Registration of Security-Based Swap Execution Facilities. Does that violate his SEC accord? [109] On June 30, 2021, Amazon released its annual company annual sustainability report that showed that company net carbon emissions grew by 19 percent from 2019 to 2020. In 1984, he assumed responsibility for the firm's . Verret earlier in the same medium. [36], In November 2020, Gensler was named a volunteer member of the Joe Biden presidential transition Agency Review Team to support transition efforts related to the Federal Reserve, Commodity Futures Trading Commission, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Securities and Exchange Commission. [252], Gensler lives in Baltimore with his three daughters, Anna, Lee and Isabel. "FTX and SBF BREAKDOWN (Thread) MIT: - Glenn Ellison, Dept. [18] Gensler left Goldman after 18 years[19] when he was nominated by President Bill Clinton and confirmed by the U.S. Senate to be the Assistant Secretary of the Treasury. [list 2] On July 20, the Social Science Research Network released a preprint written by economists Maureen O'Hara, Robert P. Bartlett, and Justin McCrary that suggested that Robinhood Markets traders caused a surge in trading volume of Berkshire Hathaway Class A shares in February and March 2021. [208][209] On April 27, Southern New York U.S. District Court Judge Lewis J. Liman denied Musk's motion to terminate the 2018 settlement. 95. Chair Gensler must provide answers to Congress and the American people." Congressman McHenry described: This is yet another example of Chair Gensler's hypocritical mismanagement of the SEC. Francesca Danieli, a photographer, and three daughters: Anna, 12, Lee, 10, and . [45] On October 5, Gensler testified before the U.S. House Financial Services Committee that the SEC had no plans to ban cryptocurrencies. By David Z. Morris. [53] On May 11, Gensler stated in an interview with Bloomberg News that cryptocurrency exchanges were market making against the interests of their customers after warning the U.S. House Appropriations Subcommittee on Financial Services and General Government that cryptocurrency exchanges were engaged in front running the previous May. [52] On April 4, 2022, Gensler announced that the SEC would begin to register and regulate cryptocurrency exchanges at a University of Pennsylvania Law School students association conference. At the CFTC, Gensler led an overhaul of regulations involving over-the-counter derivatives, which were widely blamed for exacerbating the 2008 financial crisis. He was the Deputy Secretary of the Treasury from 1999 - 2001. [104] On April 15, Apple Inc. announced the creation of $200 million forestry fund as part of the company's strategy to become carbon neutral by 2030. When Gary Gensler came to the Securities and Exchange Commission (SEC), he had the reputation of a regulator who had reformed U.S. law to address novel financial products once before. Senator Barbara Mikulski, former Lieutenant Governor Kathleen Kennedy Townsend, and Governor Martin O'Malley. Gensler also taught at MIT with Glenn Ellison who is the father of Caroline Ellison.. TRENDING: Happy Martin Luther King, Jr. Day 2023 - And Remember, The Republican Party is the Party of Civil Rights Caroline is the famous girlfriend of FTX CEO Sam Bankman-Fried. Gensler was Hillary Clinton's Campaign CFO and funded the notorious Trump-Russia lie. Gary Gensler, President Joe Biden's nominee to be chairman of the Securities & Exchange Commission, has a net worth of between $41 million and $119 million. SEC's Gary Gensler 'passes' the buck March 19, 2022 | 10:04pm Gensler's proposals are likely designed to build up his street cred with his real boss not Joe Biden, but the private-equity. He also is a mountain climber . He joined Goldman Sachs, where he spent 18 years. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign. [195][196] On April 4, Musk submitted a 13G filing with the SEC to purchase a 9.2% passive ownership stake in Twitter, Inc.,[197][198] but then submitted a Schedule 13D beneficial ownership filing reserving the right to purchase a larger stake in the company with the agency the next day (and because the disclosure was filed later than an SEC deadline, it may have made Musk an additional $156 million). Gensler is a runner and has finished nine marathons and one 50-mile ultramarathon. [8] By the time Gensler left the CFTC in January 2014, the agency was near completion of the rule-writing process to implement the Dodd-Frank Act. Gary Gensler, the was just approved chair of the Securities and Exchange Commission, will have his hands full and rely on increased disclosure requirements in tackling the pressing issues of the . There is no relevant public event listed on World Bank for that day and Gensler does not show up when searched as speaker. [110], On February 11, 2022, Western Louisiana U.S. District Court Judge James D. Cain Jr. issued a preliminary injunction in Louisiana v. Biden (2022) in favor of the plaintiffs to block federal agency requirements to assess the societal costs of greenhouse gas emissions in regulatory actions under Executive Order 13990. [250] During the 2008 presidential campaign cycle, Gensler served as a senior advisor to Hillary Clinton's presidential campaign and later advised the Obama campaign. Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide, Part III, U.S. House Committee on Financial Services, "Warren Asks Gensler to Remove Accounting Oversight Board Members", "SEC fires Republican audit watchdog after push from Warren, Sanders", "SEC Investigating Former Chair of Auditing Industry Regulator", "SEC to Review Market Structure as Meme Stocks Stir Frenzy", "Robinhood Stock Drops After SEC Chairman Warns on Payment for Order Flow", "SEC Chairman Calls for New Restrictions on Executive Stock-Trading Plans", "Robinhood Agrees to Pay $70 Million to Settle Regulatory Investigation", "Robinhood falls in its public market debut, closes more than 8% lower at $34.82 per share", "Robinhood's Stock Price Falls After IPO", "SEC approves Nasdaq's plan to boost diversity on corporate boards", "SEC Launches Review of Online Strategies Used by Brokers, Advisers", "SEC finalizes rule that allows it to delist foreign stocks for failure to meet audit requirements", "CEOs and insiders sell a record $69 billion of their stock, and the year isn't over yet", "SEC Chair Gary Gensler wants stronger insider trading rules as executive stock sales hit records", "Robinhood Meme-Stock Negligence Suit Is Rejected by Judge", "Tough questions await SEC Chair Gensler as he seeks funding for his regulatory agenda", "Fiscal Year 2023 Budget Request for the Federal Trade Commission and the Securities and Exchange Commission", "SEC's Gensler speaks Wednesday, and rules that overhaul market operations could be coming", "U.S. SEC chief Gary Gensler unveils plan to overhaul Wall Street stock trading", "Robinhood shares pop more than 20% after Sam Bankman-Fried buys 7.6% stake", "FTX Founder Sam Bankman-Fried Buys 7.6% Stake in Robinhood", "Robinhood shares jump 14% on report FTX may be exploring a deal", "Robinhood Shares Soar on Takeover Hopes", "FTX says no active talks to buy Robinhood", "Crypto exchange FTX U.S. moves into stock trading", "Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say", "Robinhood Was Behind Phantom Surge in Berkshire Hathaway Trade Volume, Study Finds", "The reason behind a mysterious trading surge in stocks like Berkshire Hathaway has been revealed", "Microsoft backs direct air capture player Climeworks", "How the largest direct air capture plant will suck CO2 out of the atmosphere", "Microsoft's million-tonne CO2-removal purchase lessons for net zero", "Microsoft Pledges To Remove From The Atmosphere All The Carbon It Has Ever Emitted", "Microsoft wants to capture all of the carbon dioxide it's ever emitted", "Microsoft made a giant climate pledge one year ago here's where it's at now", "Bitcoin's wild ride renews worries about its massive carbon footprint", "Bitcoin consumes 'more electricity than Argentina', "Crypto crash 'will not affect Bitcoin mining's climate cost', "Tesla buys $1.5 billion in bitcoin, plans to accept it as payment", "Apple launches $200 million fund for climate change", "Report: Climate pledges from Amazon, others weaker than they seem", Corporate Climate Responsibility Monitor 2022: Assessing the Transparency and Integrity of Companies' Emission Reduction and Net-Zero Targets, "Amazon creates a $2 billion climate fund, as it struggles to cut its own emissions", "How Amazon's offsets could exaggerate its progress toward "net zero" emissions", "Amazon's carbon emissions rose 19% in 2020 even as Covid-19 pushed global levels down", "Court ruling on social cost of carbon upends Biden's climate plans", "Appellate court rules Biden can consider climate damage in policymaking", "Supreme Court won't block Biden rule on societal cost of greenhouse gases", "Supreme Court Allows Greenhouse Gas Cost Estimates", "Supreme Court allows Biden climate regulations while fight continues", "ConocoPhillips is selling extra gas to bitcoin miners in North Dakota", "The SEC wants to know a lot more about what companies are doing about climate change", "SEC proposes broad climate rules as Chair Gensler says risk disclosure will help investors", https://www.wsj.com/articles/gary-gensler-stages-a-climate-coup-securities-and-exchange-commission-blackrock-11647899043, "Exxon is mining bitcoin in North Dakota as part of its plan to slash emissions", "Stripe teams up with major tech companies to commit $925 million toward carbon capture", "Why Big Tech is pouring money into carbon removal", "Elon Musk is smart but he doesn't understand ESG, tech CEO says", "SEC unveils rules to prevent misleading claims and enhance disclosures by ESG funds", "SEC Is Investigating Goldman Sachs Over ESG Funds, Sources Say", "Exxon, BP, Shell and Chevron Executives Testify on Climate Change", "How Exxon Mobil plans to meet the energy transition: Extended Interview with CEO Darren Woods", "Exxon Mobil is at a crossroads as climate crisis spurs clean energy transition", "Supreme Court limits EPA authority to set climate standards for power plants", "The Supreme Court's EPA ruling is a big setback for fighting climate change, but not a death knell", "Supreme Court limited EPA's ability to regulate greenhouse gas emissions.