HR 2923 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions.
To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions.
Summary
- Nullifies the October 24, 2023 interagency guidance on climate-related financial risk management for large financial institutions issued by the Federal Reserve, Comptroller of the Currency, and Federal Deposit Insurance Corporation.
- Prohibits the Federal Reserve, Comptroller of the Currency, and Federal Deposit Insurance Corporation from issuing substantially similar guidance in the future.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
-
![Rep. Balderson, Troy [R-OH-12]](https://media.civicgate.org/people/d/politicians/B001306.thumb.jpg)
Rep. Balderson, Troy (R-OH) [#12]
1 cosponsor
-
![Rep. Pfluger, August [R-TX-11]](https://media.civicgate.org/people/d/politicians/P000048.thumb.jpg)
Rep. Pfluger, August (R-TX) [#11]
Actions (2)
- Apr 17, 2025 Referred to the House Committee on Financial Services. · house
- Apr 17, 2025 Introduced in House
Full text
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. <all>
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Comments