118th Congress Finance and Financial Sector
H.J.Res. 125: Disapproval of Board of Governors of the Federal Reserve System rule: Principles for Climate-Related Financial Risk Management for Large Financial Institutions
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Principles for Climate-Related Financial Risk Management for Large Financial Institutions".
Reported
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This joint resolution nullifies the notice jointly issued by the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation titled Principles for Climate-Related Financial Risk Management for Large Financial Institutions and published on October 30, 2023. The notice provides a framework for financial risk management related to climate change for financial institutions with over $100 billion in assets.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Byron Donalds R-FLOriginal
- J. Hill R-AROriginal
- Frank Lucas R-OKOriginal
- Alexander Mooney R-WVOriginal
- Daniel Meuser R-PAOriginal
- Erin Houchin R-IN
- Bill Huizenga R-MI
- Pete Sessions R-TX
- Garland Barr R-KY
Who scored on this bill
- 1Scott Fitzgerald SponsorIntroduced, marked up, reported3 events+32
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Introductions and cosponsorships count toward weekly caps and show no points.
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History
- Introduced in the House by Scott Fitzgerald.
Show the full action history (6 actions)
- Reported by the Committee on Financial Services. H. Rept. 118-651.
- Placed on the Union Calendar, Calendar No. 548.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported by the Yeas and Nays: 28 - 22.
- Introduced in House
- Referred to the House Committee on Financial Services.