Congress Proposes Climate Stress Tests for Big Banks to Prevent Financial Crashes
Stalled
No legislative action in over 90 days.
↔Companion bill: New Bill Requires Federal Reserve to Test How Climate Change Could Impact Major U.S. BanksSmall business owners who rely on bank lending could eventually see changes in how banks evaluate loans, especially for businesses in areas or industries exposed to climate risks. Banks that must account for climate risk in their capital planning might tighten lending to businesses in flood-prone areas, fossil fuel sectors, or other climate-vulnerable industries, while businesses in clean energy could benefit from more favorable treatment.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes have been recorded for this legislation yet.
No related news coverage found for this legislation yet.
Document Type
Congressional Bill
Official Title
Climate Change Financial Risk Act of 2025
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