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

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2923 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 2923

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


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 17, 2025

 Mr. Balderson (for himself and Mr. Pfluger) introduced the following 
    bill; which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


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

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

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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