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1 | 1 | I | |
2 | 2 | 119THCONGRESS | |
3 | 3 | 1 | |
4 | 4 | STSESSION H. R. 2923 | |
5 | 5 | To nullify certain interagency guidance related to climate-related financial | |
6 | 6 | risk management for large financial institutions. | |
7 | 7 | IN THE HOUSE OF REPRESENTATIVES | |
8 | 8 | APRIL17, 2025 | |
9 | 9 | Mr. B | |
10 | 10 | ALDERSON(for himself and Mr. PFLUGER) introduced the following bill; | |
11 | 11 | which was referred to the Committee on Financial Services | |
12 | 12 | A BILL | |
13 | 13 | To nullify certain interagency guidance related to climate- | |
14 | 14 | related financial risk management for large financial in- | |
15 | 15 | stitutions. | |
16 | 16 | Be it enacted by the Senate and House of Representa-1 | |
17 | 17 | tives of the United States of America in Congress assembled, 2 | |
18 | 18 | SECTION 1. NULLIFICATION OF INTERAGENCY GUIDANCE. 3 | |
19 | 19 | The final interagency guidance issued by the Board 4 | |
20 | 20 | of Governors of the Federal Reserve System, the Comp-5 | |
21 | 21 | troller of the Currency, and the Federal Deposit Insurance 6 | |
22 | 22 | Corporation titled ‘‘Principles for Climate-Related Finan-7 | |
23 | 23 | cial Risk Management for Large Financial Institutions’’ 8 | |
24 | 24 | (published October 24, 2023) shall have no force or effect 9 | |
25 | 25 | VerDate Sep 11 2014 09:45 May 01, 2025 Jkt 000000 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2923.IH H2923 | |
26 | 26 | mprince on LAP1J3WLY3PROD with $$_JOB 2 | |
27 | 27 | •HR 2923 IH | |
28 | 28 | and such agencies may not issue any substantially similar 1 | |
29 | 29 | guidance. 2 | |
30 | 30 | Æ | |
31 | 31 | VerDate Sep 11 2014 09:45 May 01, 2025 Jkt 000000 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2923.IH H2923 | |
32 | 32 | mprince on LAP1J3WLY3PROD with $$_JOB |