Senior White House adviser John Podesta amplified predictions from Credit Suisse, a faulty Swiss bank, to push the Biden administration's plans related to environment, social and governance (ESG).
on Wednesday, Podesta, who was tapped by Biden in September 2022 to serve as senior adviser to the president for clean energy innovation and implementation, insisted that "analysis" from Credit Suisse suggested a majority of "solar deployment in the U.S." would be from solar panel manufacturers in the United States.
John Podesta, senior adviser to the president for clean energy innovation, speaks during a news conference at the White House on Aug. 16, 2023. Following the record loss in value, Credit Suisse said it intended to borrow a staggering $54 billion from the Swiss National Bank as an unprecedented lifeline to boost its liquidity.In recent years, Credit Suisse has endured several scandals and vowed to overhaul its risk management operations.
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