Which will ultimately influence Arizona state and municipal bond yields, and put financial pressure on any entity over-exposed to lending to Arizonans.

So it's only right and prudential, that the Fed and the six national banks mentioned, conduct a stress testing exercise to ensure the country's financial health does not all come tumbling down due to extreme climate events in one state or region.

This is not about social credit score. This is not even about corporate ESG. The substack blogger and OP are idiot conspiritards who don't read their own sources. Just like so many of their ilk