Climate Change Financial Risk Act of 2025

This bill requires the Federal Reserve to check if large banks and financial companies have enough money to handle losses that could happen from climate change. These companies must be tested every two years using different climate change scenarios. If a company might not have enough money to cover potential losses, it must create a plan to fix the problem and get it approved. If the plan isn't approved, the company can't pay out money to shareholders. The bill also creates a group to help design the climate scenarios and requires surveys of other large financial companies to see how well they could handle climate risks.

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