; and (bb) the Board of Governors shall— (AA) not later than 60 days after the date on which the Board of Governors completes each such analysis, make a summary of the analysis publicly available; and (BB) submit a copy of the results of the analysis to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives. (III) Climate risk capital policy (aa) In general Except with respect to the first analysis conducted under subclause (I), each covered entity shall, before being subject to an analysis under that subclause, submit to the Board of Governors a capital policy with respect to climate risk planning (referred to in this subclause as a climate risk capital policy ), which shall be based on the results of the most recently conducted analysis of the covered entity under that subclause. (bb) Rejection Except as provided in subclause (II)(aa), the Board of Governors may object to a climate risk capital policy submitted by a covered entity under item (aa) if the Board of Governors determines that— (AA) the covered entity has not demonstrated a reasonable plan to maintain capital above each minimum regulatory capital ratio on a pro forma basis under the adverse set of conditions described in subclause (I); (BB) the climate risk capital policy is otherwise not reasonable or appropriate; (CC) the assumptions and analysis underlying the climate risk capital policy, or the methodologies and practices that support the climate risk capital policy, are not reasonable or appropriate