Library / Laws / 118th / hr / H.R. 10120 / Introduced in House
I
118th CONGRESS
2d Session
H. R. 10120
IN THE HOUSE OF REPRESENTATIVES
November 14, 2024Mr. Balderson (for himself, Mr. Hern, 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.
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.