Nullifies the notice jointly issued by the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency…
Official title: 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".
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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.
Filed in the House
A committee in the House has reviewed this house joint resolution and reported it to the full chamber for consideration.
Who introduced this
Scott Fitzgerald
RepublicanU.S. Representative · WI-5
9 cosponsors — all Republican
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