SJRES 9 · 119th CongressIn Committeecongress.gov ↗

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".

What this bill does

AI plain-language summary

This resolution cancels guidance that was put out by the Commodity Futures Trading Commission (CFTC), which is the government agency that oversees certain financial markets. The guidance, published on October 15, 2024, gave advice to regulated financial exchanges about things to consider when offering contracts related to voluntary carbon credits. By passing this resolution, Congress would officially wipe out that guidance so it no longer applies.

Introduced

January 30, 2025

Policy Area

Finance and Financial Sector

Your Vote

Discussion (0)

Explain what is at stake in this bill.

Sign in to join the discussion.

No comments yet. Be the first.