H. J. RES. 126 seeks to negate a rule proposed by the Federal Deposit Insurance Corporation (FDIC) about managing financial risks related to climate change for large financial institutions. Introduced in the House of Representatives, the joint resolution expresses Congress's...
Simple Explanation
This bill is like Congress saying, "We don't like this new rule about how big banks should think about climate change risks," and they want to make sure the rule doesn't happen.