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United States · Bill · S

S. 588 (117th)

Addressing Climate Financial Risk Act of 2021

referredUnited States· United States Congress· EN

Introduced

4 March 2021

Last action

4 March 2021 · Introduced

Status

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

Sponsors

Sen. Feinstein, Dianne [D-CA], Sen. Cortez Masto, Catherine [D-NV], Sen. Padilla, Alex [D-CA], Sen. Schatz, Brian [D-HI], Sen. Warren, Elizabeth [D-MA], Sen. Heinrich, Martin [D-NM], Sen. Merkley, Jeff [D-OR]

Subjects

Climate

Source updated

5 December 2025

Climate

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 March 2021

    Introduced

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

    Source: IntroReferral

  2. 4 March 2021

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 4 March 2021

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 4 March 2021

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 4 March 2021

    Open at official source

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Sponsors

Related records

Sources

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