A former employee at New York’s financial regulator, who once lived in China and got a bachelor’s degree at a Chinese Communist Party-controlled university, has taken up an important position in the Biden administration.
The Office of the Comptroller of the Currency—a Treasury Department bureau overseeing the country’s largest banks and federal savings associations—has named Dr. Yue (Nina) Chen as the agency’s first “climate cop” or chief climate risk officer, according to a Sept. 12 press release.
Her responsibility is to guide the bureau to “focus on the development and implementation of climate risk management frameworks for the federal banking system.”…