Require large bank holding companies to adopt transition plans that reduce financial sector emissions 50 percent by 2035 and reach zero financial sector emissions by 2050.

Rashida Tlaib · Michigan · Democratic

policy impact 0.80 specificity 0.90 extraction confidence 92%

Commitment kind: outcome. Promised action: Require large bank holding companies to implement emissions transition plans.. Promised outcome: Financial sector emissions reduced 50 percent by 2035 and brought to zero by 2050.. Deadline: unknown; not assumed expired. U.S. House press release announcing Rep. Rashida Tlaib's 2026 reintroduction of the Fossil Free Finance Act as Michigan's 12th District representative.

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Under this legislation, large bank holding companies would be required to implement plans to reduce financial sector emissions 50 percent by 2035 and reach zero financial sector emissions by 2050.

Tlaib announced legislation that would require large bank holding companies to create plans cutting financial sector emissions in half by 2035 and to zero by 2050.

Reps. Tlaib, Pressley, Senator Markey Announce Legislation to Stop Big Banks from Bankrolling the Climate Crisis
primary · press_release · model gpt-5.5

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