H.J.Res. 125 · 118th Congress · House

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".

Active· Placed on the Union Calendar, Calendar No. 548.
Introduced
Apr 5, 24
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

8
  1. SEP 09, 2024Committee

    Reported by the Committee on Financial Services. H. Rept. 118-651.

    118Yea
    651Nay
    0NV
  2. SEP 09, 2024Committee

    Reported by the Committee on Financial Services. H. Rept. 118-651.

    118Yea
    651Nay
    0NV
  3. SEP 09, 2024Calendars

    Placed on the Union Calendar, Calendar No. 548.

  4. APR 17, 2024Committee

    Committee Consideration and Mark-up Session Held

  5. APR 17, 2024Committee

    Ordered to be Reported by the Yeas and Nays: 28 - 22.

    28Yea
    22Nay
    0NV
  6. APR 05, 2024IntroReferral

    Introduced in House

  7. APR 05, 2024IntroReferral

    Introduced in House

  8. APR 05, 2024IntroReferral

    Referred to the House Committee on Financial Services.

Committees

3

Financial Services Committee

hsba00

Referred: Sep 9, 2024

Active

Financial Services Committee

hsba00

Referred: Apr 17, 2024

Active

Financial Services Committee

hsba00

Referred: Apr 5, 2024

Active