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HR 2823 · in committee · major

Climate Change Financial Risk Act of 2025

What this bill does

  • The Federal Reserve must test whether large financial companies can survive climate-related financial losses under different scenarios.
  • Large banks and nonbank financial companies must develop plans to address climate risks or face restrictions on paying dividends.
  • The Fed will conduct surveys every two years and establish a group to recommend climate risk scenarios for financial stress testing.

Generated by claude-haiku-4-5

Community Threads

Started by Cosponsor

  1. 01

    How should financial institutions balance the costs of developing climate risk plans against potential restrictions on shareholder dividends?

  2. 02

    What climate scenarios should stress tests simulate, and who should decide whether those projections are realistic enough?

  3. 03

    Which financial companies should be required to participate, and could smaller institutions be disadvantaged by exemptions?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · D-IL-6

Sean Casten

Citizen cosponsors

0

In Congress

10/ 435

House Reps cosponsoring

Introduced 2025-04-10

Joining the bill

Legislative timeline

  1. 2025-04-10 · house · IntroReferral

    Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  2. 2025-04-10 · house · IntroReferral

    Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  3. 2025-04-10 · IntroReferral

    Introduced in House

  4. 2025-04-10 · IntroReferral

    Introduced in House

Congress.gov ↗

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