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SJRES113Referred to Committee

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".

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-03-05
Introduced
1
Cosponsors
SJRES
ⓘ
Type

Sponsor

Elizabeth Warren
Elizabeth Warren
Democrat · MA · Senator
Votes with party: 84.8% (901 recorded votes)

Full profile: /officials/W000817

Source: Congress.gov · FEC

Cosponsors (1)

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

  • Sheldon Whitehouse (D-RI)Original· 2026-03-05

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 →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-03-05

Source: Congress.gov

Plain-English Summary

Congress is attempting to block a decision by the Office of the Comptroller of the Currency to cancel its guidelines that required large banks to consider climate-related financial risks in their operations. If approved, this resolution would force the banking regulator to keep those climate risk management principles in place rather than eliminate them. The measure affects major financial institutions and their approach to managing long-term environmental risks to their business.

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.

Subjects

Finance and Financial Sector

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S.J. Res. 113 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. J. RES. 113 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 THE SENATE OF THE UNITED STATES March 5, 2026 Ms. Warren (for herself and Mr. Whitehouse) introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ 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''. Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves 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'' (90 Fed. Reg. 51756 (November 18, 2025)), and such rule shall have no force or effect. <all>
Open clean-text viewRead on Congress.gov →

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Bills by the same sponsor or covering overlapping subjects.

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