Require major banks to stop financing fossil fuels

Lee supports the Fossil Free Finance Act, which would require the largest banks to stop financing activities that contribute to climate change and to lend and invest in line with targets intended to keep global warming within 1.5°C.

Context: The source identifies the banks as the “biggest” but gives no further definition.

In their own words

to mandate that the biggest banks stop financing the climate crisis and instead lend and invest responsibly, in line with targets that would keep global warming within 1.5°C.

The source

Issues | Summer Lee For Congress

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Retrieved: 11/12/2026