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

This joint resolution would nullify a rule issued by the Federal Deposit Insurance Corporation (FDIC) that provides guidance to large financial institutions on managing climate-related financial risks. The rule currently applies to banks with over $100 billion in assets, requiring them to consider how climate change might affect their financial stability and operations. By repealing this rule, the resolution would remove these specific federal requirements for large banks and prevent the agency from issuing similar guidance in the future. For everyday citizens, this would mean that the largest banks would no longer be required by the FDIC to follow these specific standards for assessing and reporting climate-related risks to their business.