Why Biden can’t get a climate-focused bank regulator confirmed

More than a year into President Joe Biden’s term, none of the government’s major bank regulators have Senate-confirmed leaders. That’s because some of Biden’s nominees believe that financial regulators should have a major role in fighting climate change — a position rejected by Republican legislators. POLITICO’s Victoria Guida explains. Josh Siegel is an energy reporter for POLITICO. Victoria Guida is an economics reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Carlos Prieto is an audio producer for POLITICO. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department.