(Jeremy Atherton / Wikimedia Commons)

A new investment strategy calls for Chicago to redirect funds toward companies that prioritize environmental responsibility and social causes, but local climate activists say the plan falls short.

,

Will Chicago’s new Community Catalyst Fund succeed in bringing private capital and jobs to resource-starved neighborhoods? City Treasurer Kurt Summers, who will run the new fund, tells us about it.

In a surprise move, Chicago's City Treasurer Kurt Summers joins the chorus calling on the mayor to sue big banks over controversial swap deals that have cost taxpayers millions of dollars. 

Mayor Rahm Emanuel appointed Kurt Summers as the City of Chicago's Treasurer pending City Council approval.