WASHINGTON, Oct. 2 -- Sen. Edward J. Markey issued the following press release:
Legislation requires large bank holding companies to adopt emission transition plans to reduce financial sector emissions
Bill Text (PDF)
Washington (October 2, 2026) - Senator Edward J. Markey (D-Mass.), member of the Environment and Public Works Committee, today announced the reintroduction of the Fossil Free Finance Act. The legislation would require banks to adopt emission transition plans to reduce financial sector emissions and deforestation risks. The legislation is led in the House by Representatives Rashida Tlaib (MI-12) and Ayanna Pressley (MA-07).
Under this legislation, large bank holding companies would be required to implement plans to reduce f...