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A joint resolution providing congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions".
Providing congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to ``Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions''.
Summary
This joint resolution uses the Congressional Review Act to disapprove a rule issued by the Office of the Comptroller of the Currency. The disapproved rule rescinded principles for climate-related financial risk management that applied to large financial institutions. If passed, the resolution would prevent the rescission from taking effect, meaning the climate-related financial risk principles would remain in place for large banks.
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)
1 cosponsor
Actions (2)
- Mar 5, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Mar 5, 2026 Introduced in Senate
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Full text
IN THE SENATE OF THE UNITED STATES
March 5, 2026
Ms. Warren (for herself and Mr. Whitehouse) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
JOINT RESOLUTION
Providing congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to “Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions”.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Office of the Comptroller of the Currency relating to “Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions” (90 Fed. Reg. 51756 (November 18, 2025)), and such rule shall have no force or effect. <all>
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