HR. 2823In Committee
Climate Change Financial Risk Act of 2025
Require the Federal Reserve to assess climate-related financial risk at major financial firms and oversee plans to address identified vulnerabilities
Plain-English overview
What this bill does
Require the Federal Reserve to assess climate-related financial risk at major financial firms and oversee plans to address identified vulnerabilities
Key points
- Establish technical development group
- Require climate risk analyses
- Require climate risk resolution plans
- Limit capital distributions
Current status
Where it stands
Status
In Committee
Latest action
2025-04-10 — Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Related context
Topics and policy areas
undefinedFinance and Financial Sector