H.R. 7625, known as the "RESPOND Act of 2024," aims to address the economic impacts of climate change. It requires the Board of Governors of the Federal Reserve System and the Securities and Exchange Commission to issue an annual report to Congress that assesses the economic costs related to...
Simple Explanation
The "RESPOND Act of 2024" is a plan to help understand how climate change affects money and jobs; it asks special groups to study this every year and think about smarter ways to invest in the environment, like choosing stocks that are better for the earth.