Congress Proposes Climate Stress Tests for Major Financial Institutions

April 10 – April 10, 2025

New legislation mandates the Federal Reserve to conduct biennial climate stress tests and require environmental risk resolution plans for banks with over $250 billion in assets.

Policies

New Bill Requires Federal Reserve to Test How Climate Change Could Impact Major U.S. Banks

H.R. 2823

Congress Proposes Climate Stress Tests for Big Banks to Prevent Financial Crashes

S. 1471

Analysis generated by AI. Always verify with official sources.