HR2823Referred to Committee

Climate Change Financial Risk Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-04-10
Introduced
10
Cosponsors
HR
ⓘ
Type

Sponsor

Sean Casten
Sean Casten
Democrat · IL · Representative
Votes with party: 98.2% (603 recorded votes)

Full profile: /officials/C001117

Source: Congress.gov · FEC

Cosponsors (10)

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 Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

2025-04-10

Source: Congress.gov

Plain-English Summary

The bill would require banks, insurance companies, and other financial institutions to assess and disclose how climate change could affect their business and investments, similar to how they already report other financial risks. This would help investors and regulators understand which financial companies are exposed to climate-related dangers like extreme weather, changing energy markets, or stranded assets. The requirement would apply to large financial firms and could influence how they invest money and manage risk.

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.