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".
This joint resolution seeks to officially reject a rule issued by the Bureau of Consumer Financial Protection that attempts to cancel a previous policy banning abusive acts in financial services. If passed, the measure would prevent the Bureau from removing the existing Statement of Policy, ensuring the original prohibition on abusive practices remains in effect. The bill directly impacts the Bureau's ability to modify its regulatory stance on consumer protection within the financial sector. By exercising its authority under the Congressional Review Act, Congress intends to maintain the status quo regarding these specific financial regulations.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
President
Introduced May 11, 2026
Last action May 11, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 11, 2026
Committee
Referred to the House Committee on Financial Services.
lower
May 11, 2026
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sylvia R. Garcia
DDemocratic
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