In CommitteeFiled Jan 28, 2026
Sponsor: Sen. Smith, Tina [D-MN] (D)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 28, 2026
Summary
The bill establishes a Climate Financial Risk Committee and an Advisory Committee on Climate Risk within the Financial Stability Oversight Council. These bodies will coordinate data, analysis, and recommendations to help regulators and financial firms address climate‑driven threats. The goal is to improve oversight, disclosure, and resilience of banks, insurers, and markets against climate impacts.
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