# 116-hr-5194: Climate Change Financial Risk Act of 2019

116-hr-5194, Climate Change Financial Risk Act of 2019, is a 116th Congress bill sponsored by Rep. Casten, Sean [D-IL-6] (D-IL); status Referred to the Subcommittee on Environment and Climate Change. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5194
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5194
- Congress: 116
- Title: Climate Change Financial Risk Act of 2019
- Status: Referred to the Subcommittee on Environment and Climate Change.
- Introduced: 2019-11-20
- Sponsor: Rep. Casten, Sean [D-IL-6] (D-IL)
- Cosponsors: 14
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Climate Change Financial Risk Act of 2019 This bill addresses climate change risk and its potential impact on the financial system. The Federal Reserve Board must develop financial risk analyses relating to climate change for specified large nonbank financial companies and bank holding companies. Specifically, these entities will be evaluated every two years on whether they have the capital necessary to absorb financial losses that would arise under several different climate change risk scenarios. The bill also establishes the Climate Risk Scenario Technical Development Group to provide recommendations to the board regarding such climate change risk scenarios, and determine the financial and economic risks of these scenarios. The Financial Stability Oversight Council of the Department of the Treasury must establish a subcommittee to assist it in identifying risks and responding to threats to the financial system as a result of climate change.

## Cosponsors (14)

- Rep. Wild, Susan [D-PA-7] (D-PA), 2019-11-20T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2019-11-20T00:00:00.000Z
- Rep. Brownley, Julia [D-CA-26] (D-CA), 2019-11-20T00:00:00.000Z
- Rep. Bonamici, Suzanne [D-OR-1] (D-OR), 2019-11-20T00:00:00.000Z
- Rep. Kennedy, Joseph P., III [D-MA-4] (D-MA), 2019-11-20T00:00:00.000Z
- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2019-11-20T00:00:00.000Z
- Rep. Lynch, Stephen F. [D-MA-8] (D-MA), 2019-11-21T00:00:00.000Z
- Rep. Vargas, Juan [D-CA-52] (D-CA), 2019-12-06T00:00:00.000Z
- Rep. Gabbard, Tulsi [D-HI-2] (D-HI), 2019-12-06T00:00:00.000Z
- Rep. Levin, Mike [D-CA-49] (D-CA), 2020-08-11T00:00:00.000Z
- Rep. Quigley, Mike [D-IL-5] (D-IL), 2020-08-11T00:00:00.000Z
- Rep. Cleaver, Emanuel [D-MO-5] (D-MO), 2020-08-11T00:00:00.000Z
- Rep. Dean, Madeleine [D-PA-4] (D-PA), 2020-09-16T00:00:00.000Z
- Rep. Grijalva, Raúl M. [D-AZ-7] (D-AZ), 2020-09-16T00:00:00.000Z

## Related bills

- 116-hr-8015: Delivering for America Act
- 116-hr-7120: George Floyd Justice in Policing Act of 2020
- 116-hr-7092: Great American Outdoors Act
- 116-hr-4104: Negro Leagues Baseball Centennial Commemorative Coin Act
- 116-hr-2694: Pregnant Workers Fairness Act
- 116-hr-2382: USPS Fairness Act

## Sources
- [116-hr-5194 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5194)

## Related
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [116-hr-7092: Great American Outdoors Act](https://policyrisk.com/legislation/116-hr-7092)
- [116-hr-4104: Negro Leagues Baseball Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-4104)
- [116-hr-2694: Pregnant Workers Fairness Act](https://policyrisk.com/legislation/116-hr-2694)
- [116-hr-2382: USPS Fairness Act](https://policyrisk.com/legislation/116-hr-2382)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5194 (as of 2025-11-18).