Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Principles for Climate-Related Financial Risk Management for Large Financial Institutions".

This joint resolution would overturn a federal rule that requires large banks—those with more than $100 billion in assets—to follow specific guidelines for managing financial risks associated with climate change. If passed, the resolution would prevent federal banking regulators from implementing or enforcing these "principles," which currently direct major financial institutions to account for potential losses from extreme weather events and the transition to a lower-carbon economy. For everyday citizens, the bill’s impact would be felt primarily through how the nation’s largest banks assess long-term risks and allocate capital, potentially affecting the availability of financing for various energy sectors and the overall stability of the banking system during climate-related disasters.