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      Climate activists participate in a national day of action on March 21, 2023.

      Senior Climate Activists Rally Across US to 'Stop Dirty Banks'

      "We will not go to our graves quietly knowing that the financial institutions in our own communities continue to fund the climate crisis," said longtime environmentalist Bill McKibben.

      Kenny Stancil
      Mar 21, 2023

      Thousands of seniors outraged at big banks for continuing to underwrite the expansion of coal, oil, and gas projects took to the streets in cities across the United States on Tuesday to demand that financial institutions "stop funding climate chaos."

      Held 24 hours after United Nations Secretary-General António Guterres—citing the latest report from the Intergovernmental Panel on Climate Change—called for an end to fossil fuel financing, the "Stop Dirty Banks" national day of action was organized by Third Act, an alliance of activists over the age of 60 co-founded by veteran campaigner Bill McKibben, and more than 50 other progressive advocacy groups.

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      Seniors to Bolster Youth-Led Climate Strikes With Day of Action Against Dirty Banks

      Seniors to Bolster Youth-Led Climate Strikes With Day of Action Against Dirty Banks

      "We have to show young people we have their back," said veteran climate advocate Bill McKibben.

      Julia Conley
      Mar 20, 2023

      Determined not to leave all the responsibility for climate action with young campaigners like Greta Thunberg and the Sunrise Movement, older Americans are organizing a nationwide Day of Action planned for Tuesday, with the aim of wielding the relative political and economic power of people aged 60 and up to pressure big banks to stop funding fossil fuel projects.

      Following actor and activist Jane Fonda's "Fire Drill Friday" protests that began in Washington, D.C. in 2019, longtime climate advocate Bill McKibben founded Third Act last year to mobilize older Americans who wanted to show solidarity with the Generation Z activists leading worldwide climate protests in recent years.

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      Joe Biden

      Biden Says Top Executives of Failed Banks Should Face Harsher Penalties

      The president is "rightfully fighting to hold bank executives accountable for their failures," said Sen. Elizabeth Warren.

      Julia Conley
      Mar 17, 2023

      Days after U.S. Sen. Elizabeth Warren expressed outrage over the bonuses that Silicon Valley Bank executives were handing out hours before the bank failed, President Joe Biden on Friday called on Congress to strengthen regulatory powers to hold officials at failed banks accountable.

      The president said in a statement that the White House's authority to hold SVB executives directly responsible for the failure is limited, but said Congress can and should pass legislation granting the Federal Deposit Insurance Corporation (FDIC) broader powers to take action against former SVB CEO Greg Becker and other executives.

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