H. J. RES. 125 is a joint resolution that seeks to overturn a rule established by the Board of Governors of the Federal Reserve System. The rule in question provides principles for managing financial risks related to climate change for large financial institutions. This...
Simple Explanation
H. J. RES. 125 is a decision by the government to stop using a set of rules they made about how big banks should deal with money problems caused by climate change. It doesn't say what will happen instead, which means everyone is left wondering what to do next.