Ed Markey
DProud to join Mayor Keefe, Senator Lydia Edwards and community leaders to announce $2.5 million in federal funding to help the Revere Fire Department hire 12 new firefighters and keep our communities safe. https://t.co/eFg8oPPA3z
Massachusetts firefighters run into danger to protect our communities every single day. I'm proud to deliver 2.5 million in federal funding for the Revere Fire Department. https://t.co/sNLHkWetKH
We cannot let Donald Trump steal our elections. https://t.co/EIDZWa5hmR
Big Oil is at the Supreme Court today facing accountability for decades of deception and harm to our climate. We know that no court can deliver all the justice that communities deserve but the Supreme Court can start by having these corporations pay their share of the climate crisis’ costs.
Proud to announce $2.5M in federal funding for the Revere Fire Department. Join us live. https://t.co/xkoFV4ezsf
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USPS is continuing to play games with people’s mail by proposing to close post offices in Watertown, Allston, Fields Corner, and other communities across Massachusetts. I’m demanding USPS cease this campaign of postal office closures immediately. https://t.co/FjrtNnDnQX
When we organize together, working people are unstoppable. Wonderful to rally in Dorchester this morning with unions from across our Commonwealth. https://t.co/XBgsE8FWNE
Thank you to the Mansfield-Foxboro DTC for the warm welcome today. Massachusetts democrats don’t agonize—we organize. Grateful to be with you in this fight. https://t.co/nkglUQuebs
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Today's the 8th anniversary of the brutal slaying of Washington Post columnist Jamal Khashoggi, ordered by Saudi Prince Mohammed bin Salman. We cannot trust Saudi leaders, yet Trump wants to allow them to enrich uranium that could be used for nuclear bombs. Stop the deal. https://t.co/91TKw0IV1U
This Administration is cutting healthcare lifelines that are essential to our communities—but we won't stand for it. I was honored to join my partners in this fight at La Colaborativa this morning, and grateful for their tireless advocacy. https://t.co/5XSXgz67nI
Big banks shouldn’t be allowed to bankroll the climate crisis. My Fossil Free Finance Act requires major financial institutions to cut financial sector emissions 50% by 2035, immediately end financing for new or expanded fossil fuel projects, and reach zero financial sector emissions by 2050.
Legislation requires large bank holding companies to adopt emission transition plans to reduce financial sector emissions Bill Text (PDF) Washington (October 2, 2026) - Senator Edward J. Markey (D-Mass.), member of the Environment and Public Works Committee, today announced the reintroduction of the Fossil Free Finance Act. The legislation would require banks to adopt emission transition plans to reduce financial sector emissions and deforestation risks. The legislation is led in the House by Representatives Rashida Tlaib (MI-12) and Ayanna Pressley (MA-07). Under this legislation, large bank holding companies would be required to implement plans to reduce financial sector emissions 50 percent by 2035 and reach zero financial sector emissions by 2050. 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. Despite climate-driven wildfires, floods, and other disasters continuing to devastate regions across the country, banks continue to invest in contributing fossil fuel projects. Plans created from this legislation will help the financial sector align with science-based projections for emissions. “Our economy and global financial systems have a codependent relationship with the fossil fuel industry. We cannot wait for big banks to address the very climate crisis they are financing if we are serious about reducing greenhouse gas emissions and deforestation. It’s like giving an arsonist a hose for one hand while they hold a gas can in the other,” said Senator Markey. “The Fossil Free Finance Act would require our financial institutions, including banks, to protect Americans’ savings, investments, and our economy by addressing the threats posed by climate change. We need to put the planet over profit and get fossil fuels out of our finances.” “Our financial institutions and banks are funding the pollution of our air and water that make us sicker. They choose to invest billions of dollars in dirty fossil fuel projects,” said Rep. Tlaib. “Instead of acting to protect us, the Federal Reserve allowed these banks to finance the destruction of our planet and our health. I’m taking action with Senator Markey and Congresswoman Pressley to require the Federal Reserve to finally do something and address the dangers of our climate crisis.” “We should be using every tool available to protect our planet, our people, and our economy, and one way we can do that is by stopping giant banks from financing fossil fuel projects,” said Rep. Pressley. “Our Fossil Free Finance Act would help confront the climate crisis by stopping financial institutions, including our nation’s largest banks, from providing trillions in fossil fuel financing and deepening the health inequities and harms that already plague our communities. I’m grateful to Senator Markey and Congresswoman Tlaib for their ongoing partnership on this bill to take urgent action to help prevent a massive, climate-induced economic collapse.” “Major US banks’ ongoing finance for fossil fuel expansion is driving worsening climate change and putting the entire financial system and public at risk,” said Alex Martin, Climate Finance Policy Director at Americans for Financial Reform. “The Fossil Free Finance Act would recognize the role that fossil fuel finance plays in driving climate-related financial risk, and require banks to develop climate action plans that address those risks, creating a critical safeguard for the public and the financial system.” “While financial policymakers around the world actively work to decarbonize their economies, U.S. policymakers have fallen behind, leaving our financial system exposed to the impacts of climate change,” said David Arkush, Director of Public Citizen’s Climate Program. “Financial institutions continue to finance, invest, and underwrite unnecessary projects—creating systemic risks that can reverberate across the economy. Rather than continuing to create risks for the financial system, large and systemically important financial institutions should be required to reduce their financed and facilitated emissions in line with science-driven targets. Neither Congress nor the Federal Reserve should wait for a financial crisis to address climate-related financial risk.” The Fossil Free Finance Act of 2026 would address climate-related threats to financial stability and help align the financial sector with science-based emissions targets by redefining financial sector emissions, mandating bank holding companies with at least $50 billion in assets to align with science-based emissions targets, and requiring the Federal Reserve to report to Congress on financial sector emissions, commitments by covered institutions, progress toward emissions targets, regulatory gaps, data challenges, and equitable transition needs. The Fossil Free Finance Act of 2026 is cosponsored by Senators Jeff Merkley (D-Ore.), Bernie Sanders (I-Vt.), and Elizabeth Warren (D-Mass.). The legislation is endorsed by Public Citizen and Americans for Financial Reform. Senator Markey has consistently worked to hold powerful international institutions accountable for their complicity in the climate crisis. In April, Senator Markey led his colleagues in requesting that the Fiscal Year 2027 appropriations legislation include language that would prohibit the use of taxpayer funds to stop the construction of offshore wind energy facilities. In November 2024, Senator Markey partnered with Representative Lisa Badum of Germany and Senator Rosa Galvez of Canada to lead over 130 leaders from around the world in sending an open letter during the United Nations global climate conference, COP29, urging world leaders and UN-level negotiators to support an immediate moratorium on the expansion of Liquefied Natural Gas (LNG) infrastructure worldwide. In May 2023, Senator Markey and Representative Yvette Clarke (NY-09) announced the reintroduction of the Block All New (BAN) Fossil Fuel Exports Act, legislation that would amend the Energy Policy and Conservation Act and ban the export of American crude oil and natural gas abroad to protect frontline communities from dangerous export infrastructure, prioritize U.S. consumers against fossil fuel profiteering, and help ensure the United States meets its climate and clean energy commitments on the world stage. Senator Markey, and Representatives Tlaib, Pressley, and former Rep. Mondaire Jones (NY-17) first introduced the Fossil Free Finance Act during the 117th Congress in September 2021. Senator Markey first reintroduced the legislation with Senator Merkley in March 2023. In October 2022, Senator Markey reintroduced the OPEC Accountability Act, legislation to require the U.S. President to initiate consultations with the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC countries to reduce crude oil production. ###
Trump’s illegal war in Iran. Trump’s reckless tariffs. Costly boondoggles that are skyrocketing costs for Main Street while Americans’ paychecks lose ground. Trump is more focused on golden ballrooms and helipads instead of making life more affordable for workers and families. https://t.co/rqgtzqlTxw
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Elon Musk advising Trump on warfare is just handing over your taxpayer money to a trillionaire. Musk will push his AI and space technologies, make money from defense contracts, then pour that money into MAGA campaigns. Corruption in plain sight. https://t.co/CJPv1v4k0e
Americans in crisis deserve support—no matter what state they live in or who they vote for. Trump is putting his ego over essential aid and is playing political games with disaster victims and communities. Unacceptable. https://t.co/DvCqdL7WDo
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Donald Trump promised to lower prices on day one. His illegal war in Iran has cost Americans billions. We need to end this war now.
My Statement on the Bipartisan Permitting Reform Proposal. https://t.co/dSFpoWMgFT
Trans people deserve the right to experience the freedom, the joy, and the opportunity afforded to every other American. https://t.co/bGMD69TSby
Washington (October 1, 2026) – Senator Edward J. Markey (D-Mass.), member of the Senate Environment and Public Works Committee, issued the following statement following the release of a bipartisan permitting reform proposal. “I’m never going to ignore that Trump’s attacks on American-made clean energy fueled the energy crisis we’re in now—not to mention his boosterism of power-hungry data centers—all of which have been enabled by Republicans in Congress. The Republicans’ Big Ugly Bill and the Trump administration’s illegal actions to block clean energy projects and rescind grants have killed tens of thousands of megawatts of clean power, stopped creation of union jobs, raised costs for families at home and on the road, and dumped pollution in communities across the country. Data center developers are hijacking our energy grid and using ratepayers to subsidize their profit-making operations, while also polluting air and water in surrounding communities. I’m still reviewing text of this proposal, and I will be looking closely at the details. Building transmission is important. It’s also important not to lock in more fossil fuels and lock out communities.” ###