In a report on climate-related financial risk, the Financial Stability Oversight Council identified climate change as an emerging and increasing threat to U.S. financial stability.

Senate Republicans requested information on the SEC's proposed climate disclosure rule. The proposed rule would require publicly traded companies to include climate-related risk disclosures in financial documents and report global warming data.

In remarks before the SEC Investor Advisory Committee, SEC Chair Gary Gensler and SEC Commissioner Hester M. Peirce squared off on climate-related risk disclosure policy, accounting for non-traditional financial information and investor protections.