S 1471 · in committee · major
Climate Change Financial Risk Act of 2025
- climate
- economy
What this bill does
- The Federal Reserve must analyze how climate change could threaten large financial companies and banks.
- Large nonbank financial companies and bank holding companies must prove they can survive financial losses from climate scenarios.
- Companies must submit climate risk plans every two years or face restrictions on paying dividends and shareholder distributions.
Generated by claude-haiku-4-5
Community Threads
Started by Cosponsor
- 01
How should the Federal Reserve measure which climate risks pose the most serious threats to large financial institutions?
- 02
What costs might banks pass on to borrowers or depositors if they must maintain larger financial reserves for climate scenarios?
- 03
How would mandatory climate stress tests affect smaller regional banks compared to the largest Wall Street institutions?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-HI
Brian Schatz
Citizen cosponsors
0
In Congress
7/ 100
Senators cosponsoring
Introduced 2025-04-10
Joining the bill
Legislative timeline
2025-04-10 · senate · IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-04-10 · IntroReferral
Introduced in Senate
Citizen comments
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