By David Lawder

WASHINGTON (Reuters) -U.S. financial regulators voted on Wednesday to disband two committees charged with monitoring financial risks brought on by climate change, ending a multi-year Biden administration effort to embed climate threats into financial regulations.

The Financial Stability Oversight Council, a multi-regulator risk watchdog body chaired by Treasury Secretary Scott Bessent, rescinded the charters of its Climate-Related Financial Risk Committee and its Climate-Related Financial Risk Advisory Committee by voice vote without dissent or abstentions during a public session.

The committees were set up by Bessent’s Biden administration predecessor, Janet Yellen, who warned repeatedly that increasingly severe storms, wildfires and other climate events were causing la

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