118th Congress · HOUSE JOINT RESOLUTIONBILL

H.J.Res. 125Providing 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".

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".

Finance and Financial Sector
Introduced Apr 5, 2024
Last action Sep 9, 2024
Pipeline · Bill → Law
Step 1
Introduced
Apr 5, 2024
Step 2
Referred
Apr 5, 2024
Financial Services
Step 3
Committee
Apr 17, 2024
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS 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.

Provisions · 0 sections
No provisions parsed for this bill.
Timeline · 8 actions
Sep 9, 2024
Reported by the Committee on Financial Services. H. Rept. 118-651.
Sep 9, 2024
Reported by the Committee on Financial Services. H. Rept. 118-651.
Sep 9, 2024
Placed on the Union Calendar, Calendar No. 548.
Apr 17, 2024
Committee Consideration and Mark-up Session Held
Apr 17, 2024
Ordered to be Reported by the Yeas and Nays: 28 - 22.
Apr 5, 2024
Introduced in House
Apr 5, 2024
Introduced in House
Apr 5, 2024
Referred to the House Committee on Financial Services.