SJRES177Referred 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 "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission".

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Introduced
2
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-04-13
Introduced
0
Cosponsors
SJRES
Type

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-04-13

Bill Summary

Congress is considering blocking a Consumer Financial Protection Bureau rule that would have created a public registry of nonbank financial companies (like payday lenders or debt collectors) that have violated consumer protection laws or faced court orders. If approved, this resolution would prevent that registry from taking effect, keeping information about these companies' violations private rather than publicly available. The measure affects consumers who deal with nonbank financial services and the companies themselves.

Subjects

Finance and Financial Sector
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