United States · Bill · S
S. 588 (117th)
Addressing Climate Financial Risk Act of 2021
Introduced
4 March 2021
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
Addressing Climate Financial Risk Act of 2021 This bill establishes the Climate Risk Advisory Committee that must consult with the Financial Stability Oversight Council of the Department of the Treasury regarding a report on the impact of climate risk on U.S. financial stability. Additionally, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration must include climate risk in the guidance provided to a supervised financial institution.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 4 March 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 4 March 2021
Introduced in Senate
summary · EN · 4 March 2021
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/588
- Open data entity: https://api.congress.gov/v3/bill/117/s/588