SJRES147Referred to Committee

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Statement of Policy Regarding Prohibition on Abusive Acts or Practices".

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-03-25
Introduced
0
Cosponsors
SJRES
Type

Latest Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 395.

2026-04-27

Bill Summary

Congress is considering blocking a decision by the Consumer Financial Protection Bureau to withdraw its policy against abusive financial practices by banks and lenders. If approved, this would force the agency to keep its protections in place that prevent financial companies from treating consumers unfairly. The resolution would affect millions of Americans who use banking and financial services by maintaining existing consumer safeguards.

Subjects

Finance and Financial Sector
Read the full bill text