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Addressing Climate Financial Risk Act of 2026

In committee: it can still change before the session ends.

US S 3711 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
6
Latest action
Jan 28, 2026

What it does

The Addressing Climate Financial Risk Act of 2026 would establish two new committees within the Financial Stability Oversight Council—the Climate Financial Risk Committee and the Advisory Committee on Climate Risk—to coordinate federal efforts to assess and mitigate climate-related risks to the financial system. The bill requires federal banking agencies and the National Credit Union Administration to update supervisory guidance for institutions with over $50 billion in assets to include climate financial risk, mandates the Financial Stability Oversight Council to incorporate climate risk into nonbank SIFI designations, and directs the Federal Insurance Office to publish reports on…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Jan 28, 2026

  2. Committee (Current step)

    In committee · Jan 28, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Addressing Climate Financial Risk Act of 2026 | 52