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".
Latest action · Sep 9, 2024 Placed on the Union Calendar, Calendar No. 548.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 5, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot 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.
Cosponsors 9
Members who signed on, in the order they did. Signatures ran from Apr 5, 2024 to Apr 17, 2024, with 5 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WV | Alexander X. Mooney | Original | Apr 5, 2024 |
| R-FL | Byron Donalds | Original | Apr 5, 2024 |
| R-PA | Daniel Meuser | Original | Apr 5, 2024 |
| R-OK | Frank D. Lucas | Original | Apr 5, 2024 |
| R-AR | J. French Hill | Original | Apr 5, 2024 |
| R-IN | Erin Houchin | Apr 9, 2024 | |
| R-MI | Bill Huizenga | Apr 16, 2024 | |
| R-TX | Pete Sessions | Apr 16, 2024 | |
| R-KY | Andy Barr | Apr 17, 2024 |
Actions 6
Everything that happened, newest first.
- Sep 9, 2024Placed on the Union Calendar, Calendar No. 548.
- Sep 9, 2024Reported by the Committee on Financial Services. H. Rept. 118-651.
- Apr 17, 2024Committee Consideration and Mark-up Session Held
- Apr 17, 2024Ordered to be Reported by the Yeas and Nays: 28 - 22.
- Apr 5, 2024Introduced in House
Related bills 2
Companion bills and other measures the record links to this one.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Sep 9, 2024Reported in House
- Apr 5, 2024Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov.
