A joint resolution providing congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency relating to "Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions".

Requiring banks to assess climate risks helps prevent future financial crises. Banks would identify and manage dangers from extreme weather, environmental damage, and climate-related losses before they cause collapse.

Climate risk information allows investors and customers to understand true risks in financial institutions. Better information helps people and companies make smarter choices about where to place their money.

Banks would need to track how their lending and investments affect climate and environment. This encourages financial support for cleaner energy and reduces funding for high-pollution activities.

Many countries and global financial bodies already require climate risk assessment. U.S. banks would follow similar practices as international competitors.