Addressing Climate Financial Risk Act of 2026
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, Addressing Climate Financial Risk Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Energy.
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 H404FF409607841D9917554E56EC29B56: 1. Short title This Act may be cited as the Addressing Climate Financial Risk Act of 2026.
- Section H3857554967BB415B82316E56C362E577: 2. Financial Stability Oversight Council committees on climate financial risk Subtitle A of the Financial Stability Act of 2010 (12 U.S.C. 5321 et seq.) is...
- Section H21AB8F57F3B44D6FA03A9CB48F1E6D98: 121A. Climate Financial Risk Committee There is established in the Council the Climate Financial Risk Committee, which shall— support the Council in...
- Section HF4CE9D11B43D4187B7242B0A9383791F: 121B. Advisory Committee on Climate Risk There is established in the Council the Advisory Committee on Climate Risk, which shall— consult and assist the...
- Section H66BFDF82A74E4A34ADD154466CA4C882: 121C. Report on climate financial risk Not later than 270 days after the date of enactment of this section, and annually thereafter, the Council shall, in...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Addressing Climate Financial Risk Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Energy
Primary Purpose
This bill, Addressing Climate Financial Risk Act of 2026, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Ms. Smith (for herself, Mr. Merkley, Ms. Warren, Mr. Heinrich, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
- "secretary_of_energy"
- → Secretary of Energy
- "administrator_of_epa"
- → Administrator of the Environmental Protection Agency
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