S. 1471In Committee
Climate Change Financial Risk Act of 2025
Require the Federal Reserve to run recurring climate financial risk analyses for major financial firms and oversee plans to address identified vulnerabilities
Plain-English overview
What this bill does
Require the Federal Reserve to run recurring climate financial risk analyses for 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 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedFinance and Financial Sector