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Proposed

Resolution · 119th Congress · SJRES 111

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations".

Refreshed 5 h ago

Introduced 2026-03-04Topic: economy jobs · governance ethics

Summary

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This joint resolution would use the Congressional Review Act to cancel a federal rule titled "Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations," published on November 17, 2025. That rule changed how federal regulators rate large financial institutions and how they supervise insurance organizations. If the resolution is passed, the rule would have no force or effect. The title names the Federal Reserve Board as the agency that submitted the rule, while the resolution text names the Department of the Treasury.

Full text and official record on Congress.gov

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Action history

DateChamberActionStatus effect
2026-03-04SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.refer
2026-03-04Introduced in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.