HR7246Referred to Committee

Addressing Climate Financial Risk Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-01-27
Introduced
14
Cosponsors
HR
ⓘ
Type

Sponsor

Sean Casten
Sean Casten
Democrat · IL · Representative
Votes with party: 98.4% (549 recorded votes)

Full profile: /officials/C001117

Source: Congress.gov · FEC

Cosponsors (14)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2026-01-27

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

This bill would require banks, insurance companies, and other financial institutions to assess and disclose how climate change could affect their investments and business operations, similar to how they already report other financial risks. The goal is to help investors, regulators, and the public understand which financial companies are exposed to climate-related dangers like extreme weather, flooding, or stranded fossil fuel assets. This transparency would allow markets to better price risk and encourage companies to prepare for climate impacts.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Affected Industries

Industries and interest groups with a stake in how this bill is resolved. Compare with each member's outside-money backers on their finance page.

Climate & Environment

Why this matters: Look up any member who voted on this bill and check their finance page — do the industries listed above match the groups funding their campaigns? That's the kind of connection this tool is built to help you find.

Subjects

Finance and Financial Sector
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Related legislation

Bills by the same sponsor or covering overlapping subjects.