To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2923 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2923 To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions. _______________________________________________________________________ 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>