According to records examined by the Daily Caller News Foundation, high-ranking Treasury Department officials met with and received emails on their personal accounts from members of a climate financing organization led by Democratic donor Michael Bloomberg.
According to a report by The Daily Caller News Foundation, which outlined emails proving the connection, Bloomberg is the current chair of the Task Force on Climate-related Financial Disclosures (TCFD).
The TCFD is an organization that advocates for businesses to disclose “risks related to climate change” in their financial statements. Bloomberg is a former mayor of New York, the founder of the financial data juggernaut Bloomberg LP, and a significant Democratic donor.
According to a review of documents obtained through a Freedom of Information Act (FOIA) request from the non-profit Energy Policy Advocate, representatives of this organization, many of whom are present or former Bloomberg LP employees, communicated with high-level Treasury Department officials.
Staffers contacted through personal Gmail accounts
This included Secretary Janet Yellen’s Chief of Staff Didem Nisanci and the department’s former Climate Counselor John Morton, who were at times contacted using their personal Gmail accounts.
The Treasury Department is responsible for managing the nation’s finances and economic policy. The department is responsible for a wide range of functions, including overseeing the collection of taxes, managing the national debt, and enforcing economic sanctions against foreign countries.
Members of the Treasury Department are responsible for a variety of roles within the agency, depending on their specific area of expertise.
Some may work on economic policy development, while others may be responsible for financial regulation, international finance, or tax enforcement.
Required to act in public interest
One of the most important responsibilities of members of the Treasury Department is to maintain the integrity and impartiality of the agency.
This means that they are required to act in the best interests of the public, rather than for the benefit of private individuals or lobbying firms.
In order to ensure this, members of the Treasury Department are prohibited from accepting gifts or other forms of compensation from private lobbying firms, and are required to adhere to strict ethical standards.
If a member of the Treasury Department were found to have violated these ethical standards by complying with requests from private lobbying firms, they could face serious consequences.
What will happen?
These might include disciplinary action within the agency, such as suspension or termination, as well as legal consequences such as fines or imprisonment.
Additionally, the reputation of the agency as a whole could be compromised, potentially undermining public trust in the government’s ability to manage the nation’s finances and economic policy.