A joint resolution providing congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions".
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Mar 5, 2026
What it does
This joint resolution seeks to overturn a rule issued by the Office of the Comptroller of the Currency that rescinded principles for climate-related financial risk management for large financial institutions. If enacted, the resolution would nullify that rule, meaning it would have no legal force or effect. The measure affects large financial institutions regulated by the OCC and reinstates congressional oversight over the rescission of climate risk management guidance. It was introduced in the Senate and referred to the Committee on Banking, Housing, and Urban Affairs.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.