H. J. RES. 125 is a joint resolution that aims to block a rule set by the Board of Governors of the Federal Reserve System. This rule pertains to how large financial institutions should manage risks related to climate change. Congress expresses its disapproval of this rule,...
Simple Explanation
In simple terms, H. J. RES. 125 is about Congress saying "no" to a rule that wanted big banks to think about risks from climate change. If Congress agrees, the rule will not count anymore, but it's not clear what will happen instead.