Addressing Climate Financial Risk Act of 2021
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Mar 3, 2021)
Addressing Climate Financial Risk Act of 2021
This bill establishes the Climate Risk Advisory Committee that must consult with the Financial Stability Oversight Council of the Department of the Treasury regarding a report on the impact of climate risk on U.S. financial stability.
Additionally, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration must include climate risk in the guidance provided to a supervised financial institution.
What just happenedMar 3, 2021
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseMar 3, 2021
- Mar 3, 2021IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 3, 2021IntroReferralIntro-H
Introduced in House
- Mar 3, 2021IntroReferral1000
Introduced in House