S. 3922, titled the "RESPOND Act of 2024," requires the Federal Reserve Board and the Securities and Exchange Commission to provide Congress an annual report on the economic costs of climate change. This bill also mandates the Federal Retirement Thrift Investment Board to...
Simple Explanation
The "RESPOND Act of 2024" wants to know how much money is being lost because of climate change, so it asks important people in charge of money to tell Congress about it every year. It also sets up a group to help plan better investments for the future that don't harm the planet.