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 "Statement of Policy Regarding Prohibition on Abusive Acts or Practices".
This joint resolution seeks to disapprove a rule from the Bureau of Consumer Financial Protection that would withdraw a policy prohibiting abusive acts or practices by financial institutions. If enacted, the resolution would prevent the Bureau from removing its existing policy on abusive practices, keeping the current regulatory framework in place. The measure directly affects the Bureau of Consumer Financial Protection and financial institutions subject to its oversight. It uses the Congressional Review Act process to formally reject the agency's action and nullify the proposed rule change.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 25, 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 25, 2026
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1617)
upper
Mar 25, 2026
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Richard J. Durbin
DDemocratic
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