Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Deposit Insurance Corporation relating to "Principles for Climate-Related Financial Risk Management for Large Financial Institutions".

HJRES 126 is a congressional disapproval resolution targeting a Federal Deposit Insurance Corporation (FDIC) rule issued in October 2023. The resolution seeks to block the FDIC's "Principles for Climate-Related Financial Risk Management for Large Financial Institutions" rule, which required major banks to assess climate risks. If passed, this resolution would nullify the rule, directly affecting large financial institutions by removing a requirement to manage climate-related financial risks. The resolution uses a procedural mechanism under federal law to halt the rule's implementation without creating new regulations.