Require banks to stop financing new or expanded fossil fuel projects, immediately end thermal coal financing and facilitation, and eliminate facilitation of deforestation-risk commodities.

Rashida Tlaib · Michigan · Democratic

policy impact 0.82 specificity 0.91 extraction confidence 93%

Commitment kind: action. Promised action: Require banks to discontinue financing new or expanded fossil fuel projects, stop thermal coal financing and facilitation, and eliminate facilitation of deforestation-risk commodities.. Promised outcome: Reduced fossil fuel and deforestation-linked financing by banks.. Deadline: unknown; not assumed expired. U.S. House press release announcing Rep. Rashida Tlaib's 2026 reintroduction of the Fossil Free Finance Act as Michigan's 12th District representative.

Contest this claim

Occurrences

Additionally, it would require banks to discontinue financing for new or expanded fossil fuel projects within 60 days of enactment, immediately discontinue thermal coal financing and facilitation, and eliminate facilitation of deforestation risk commodities.

Tlaib's announced legislation would require banks to halt new or expanded fossil fuel project financing, end thermal coal financing, and eliminate facilitation of deforestation-risk commodities.

Reps. Tlaib, Pressley, Senator Markey Announce Legislation to Stop Big Banks from Bankrolling the Climate Crisis
primary · press_release · model gpt-5.5

Evidence

No stored evidence yet.

Assessments

No assessments yet.