SJRES 131 United States Senate · 119th Congress

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 "Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer".

This joint resolution seeks to disapprove a rule from the Bureau of Consumer Financial Protection that would have withdrawn a previous regulation on deceptive marketing practices related to remittance transfers. The bill directly affects financial institutions and consumers who send money internationally, aiming to keep the original marketing standards in place. If passed, the resolution would prevent the Bureau from removing the existing rules that prohibit misleading claims about the speed or cost of sending remittances. The measure uses the Congressional Review Act process to formally reject the agency's action and ensure the withdrawn rule remains inactive.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 18, 2026 Last action May 13, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
1
Committee
2
Apr 27, 2026
Upper · Passed
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
upper
Mar 18, 2026
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Mar 18, 2026
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Ruben Gallego
Ruben Gallego
DDemocratic
AZ
n/a