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Resolution · 119th Congress · SJRES 154
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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".
Refreshed 4 h ago
Introduced 2026-03-26Topic: civil rights · economy jobs · governance ethicsSummary
AI-generated summary, report an errorThis resolution would use the Congressional Review Act to cancel a May 2025 action by the Consumer Financial Protection Bureau. In that action, the Bureau withdrew a 2022 rule under the Equal Credit Opportunity Act (Regulation B). The 2022 rule addressed lenders that revoke existing credit or change its terms in ways unfavorable to the borrower. Under the resolution, the 2025 withdrawal would have no force or effect.
Sponsors
- Cory A. Booker Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-05-13 | Senate | Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2270) | |
| 2026-04-27 | Senate | Placed on Senate Legislative Calendar under General Orders. Calendar No. 398. | |
| 2026-04-27 | Senate | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). | report |
| 2026-04-27 | Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). | report | |
| 2026-03-26 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2026-03-26 | Introduced in Senate | introduce |