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What can the Fed do about climate change?
Sep 17, 2021

What can the Fed do about climate change?

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Federal Reserve Board Chairman Jerome Powell testifies at a House Oversight and Reform Select Subcommittee on the Coronavirus hearing June 22, 2021 on Capitol Hill in Washington, DC. Saul Loeb-Pool via Getty Images
Plus: The Weekly Wrap, background on the computer chip shortage headache and record-breaking congestion in California's ports.

Segments From this episode

The Weekly Wrap

The Washington Post’s Catherine Rampell and Politico’s Sudeep Reddy on consumer sentiment, China applying for the TPP Trade Group and more of this week’s economic news.

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Floating traffic jam at California ports sets record

by Caroline Champlin
Sep 17, 2021
Hundreds of thousands of freight containers wait to be offloaded at ports of Los Angeles and Long Beach.
Container ships and tankers were anchored near the ports of Los Angeles and Long Beach in February. Currently, more than 60 ships are waiting to enter the two facilities.
Mario Tama via Getty Images
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What's behind the chip shortage?

by Marielle Segarra
Sep 17, 2021
Shortages happen when demand is greater than supply. When it comes to computer chips, there are problems on both sides of that equation.
Jens Schlueter/AFP via Getty Images
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Does the Federal Reserve have the power to fight climate change?

by Kai Ryssdal and Andie Corban
Sep 17, 2021
The central bank can "be an assist" on climate risk, says economist Claudia Sahm, but Congress sets the priorities.
Federal Reserve Chair Jerome Powell. The Fed can do research and integrate climate risk into bank stress tests, economist Claudia Sahm says. But mainly it "follows orders; Congress tells it what to do."
Drew Angerer via Getty Images
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Drive-thru coffee is extra hot

by Matt Levin
Sep 17, 2021
Drive-thru coffee shops are attractive to companies because they require fewer employees — especially beneficial during a worker shortage.
Drive-thru coffee shops have seen a boon thanks to work-from-home suburbanites.
Tim Boyle via Getty Images
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Music from the episode

We Gonna Make It - Edit Jadakiss, Styles of The Lox
Pin It Down Madison Cunningham
Still Think Chrome Sparks
On It Maestro Nightmares On Wax
Whip It DEVO
Call Your Girlfriend Robyn

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I
Dylan Miettinen Associate Digital Producer

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