Fossil Free Federal Reserve KC!
Start: Friday, October 29, 2021•11:00 AM
End: Friday, October 29, 2021• 1:00 PM
Join us in this National Day of Action to call on President Biden, the Federal Reserve and Congress to take the steps necessary to deal with the climate crisis!
Events are planned at eleven of the twelve regional Federal Reserve Banks and some branches.
We will rally on the public sidewalk along Main just south of Memorial Drive (east of the Federal Reserve Bank of Kansas City building) starting at 11 AM (arrive whenever you're able).
Then, at noon, we'll march along the sidewalk in front of the Federal Reserve before looping back to our rally point. We will obey the law and are not going to engage in civil disobedience.
Our demands are:
1. President Biden: appoint a real climate leader to Chair the Federal Reserve.
2. The Federal Reserve:
END BANK FOSSIL FINANCE: Use existing regulatory and supervisory tools to begin limiting and phasing down the financing of emissions.
DIVEST AND INVEST: Align Fed spending and asset purchases with the Paris Climate Agreement’s goal of limiting temperature rise to 1.5°C
PUSH BANKS TO INVEST: Encourage and support bank investment aimed at limiting global temperature rise to 1.5°C, with an emphasis on lending to low-income communities and communities of color.
3. Congress: expand The Fed’s mandate to eliminate racial, gender, and class disparities in jobs, wages, and wealth.