Key Treasury Dept Office Taps New Climate Czar To Push Wokeness On Banks

Key Treasury Dept Office Taps New Climate Czar To Push Wokeness On Banks


The Treasury Department’s Office of the Comptroller of the Currency announced on Monday that Yue Chen would serve as its chief climate risk officer.

In her role at the OCC, which is charged with supervising and regulating “all national banks and federal savings associations,” Chen will lead climate risk efforts related to “supervision, policy, and external engagement,” according to a press release from the Treasury Department. The official formerly served as climate czar at the New York State Department of Financial Services.

“We are fortunate to have someone with her background and experience in both finance and climate-related financial risk to lead the agency’s risk management work in this area,” acting Comptroller Michael Hsu remarked. “She is an asset to an already strong and dedicated team of OCC

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