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US HB2923
Bill
Status
4/17/2025
Primary Sponsor
Troy Balderson
Click for details
AI Summary
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Nullifies the interagency guidance titled "Principles for Climate-Related Financial Risk Management for Large Financial Institutions" published October 24, 2023
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Targets guidance jointly issued by the Federal Reserve Board, Comptroller of the Currency, and Federal Deposit Insurance Corporation (FDIC)
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Prohibits these three federal banking regulators from issuing any substantially similar guidance in the future
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Introduced April 17, 2025 by Rep. Balderson and Rep. Pfluger, referred to the House Committee on Financial Services
Legislative Description
To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions.
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
4/17/2025