This resolution would use the Congressional Review Act to block a rule issued by the Federal Deposit Insurance Corporation concerning how large banks should manage financial risks related to climate change. The FDIC's guidance, published in October 2023, outlined principles for banks with over $100 billion in assets to identify, measure, and address risks stemming from climate change, such as those from extreme weather events or shifts to a lower-carbon economy. If passed, this resolution would nullify that guidance entirely, meaning it would have no legal force. The measure primarily affects large financial institutions and the federal regulators overseeing them, rather than the general public directly. There is no funding attached to this resolution, and if enacted, its effect would be immediate upon passage, eliminating the FDIC's climate risk management framework for big banks.