HR2923-119

Introduced

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

119th Congress Introduced Apr 17, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H4DDE53E8B1A94EBD9588093F4B8CB762: 1. Nullification of interagency guidance The final interagency guidance issued by the Board of Governors of the Federal Reserve System, the Comptroller of the...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

This bill, To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance

Primary Purpose

This bill, To nullify certain interagency guidance related to climate-related financial risk management for large financial institutions., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance

Whole bill

Identified Gains
Contextual inference, no direct clause citation
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Legislative Progress

Introduced
Introduced Committee Passed
Apr 17, 2025

Mr. Balderson (for himself and Mr. Pfluger) introduced the following …

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology