What This Bill Does · Plain English
Summary
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Action Timeline
2025-04-17
Referred to the House Committee on Financial Services.
2025-04-17
Introduced in House
2025-04-17
Introduced in House
Frequently Asked Questions
Did HR.2923 pass?
HR.2923 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored HR.2923?
HR.2923 was sponsored by Troy Balderson (R-Ohio).
Full Bill Text
119 HR 2923 IH: To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions. U.S. House of Representatives 2025-04-17 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 1st Session H. R. 2923 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. 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.
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