To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions.

H.R. 10120118th Congress

To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions.

Introduced in the HouseRep. Troy Balderson (R-OH-12)1 section · 1 min read

Version: Introduced in House · Nov 14, 2024

Section 1. Nullification of interagency guidance

The final interagency guidance issued by the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, and the Federal Deposit Insurance Corporation titled Principles for Climate-Related Financial Risk Management for Large Financial Institutions (published October 24, 2023) shall have no force or effect and such agencies may not issue any substantially similar guidance.

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To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions. — Full text — Govroll