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US SJR150
Joint Resolution
Status
3/26/2026
Primary Sponsor
Richard Blumenthal
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AI Summary
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Congressional disapproval resolution under the Congressional Review Act targeting a CFPB rule withdrawal published May 12, 2025 (90 Fed. Reg. 20084)
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Nullifies the CFPB's decision to withdraw its August 17, 2022 rule (87 Fed. Reg. 50556) regarding digital marketing providers and the "time or space" exception under the Consumer Financial Protection Act
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Restores the original 2022 CFPB interpretation limiting when digital marketing providers can claim exemption from consumer financial protection liability
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Introduced by Senator Blumenthal on March 26, 2026 and referred to the Senate Committee on Banking, Housing, and Urban Affairs
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If enacted, the withdrawal rule would have no force or effect, effectively reinstating CFPB oversight of digital marketing providers' role in financial services advertising
Legislative Description
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 "Limited Applicability of Consumer Financial Protection Act's 'Time or Space' Exception With Respect to Digital Marketing Providers".
Finance and financial sector
Last Action
Placed on Senate Legislative Calendar under General Orders. Calendar No. 397.
4/27/2026