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US SJR151
Joint Resolution
AI Summary
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Congressional disapproval resolution under the Congressional Review Act targeting a Bureau of Consumer Financial Protection (CFPB) rule published May 12, 2025 (90 Fed. Reg. 20084)
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The CFPB rule being disapproved withdrew a previous consumer protection bulletin from March 23, 2023 (88 Fed. Reg. 17366) that addressed unfair billing and collection practices for student loan debts discharged in bankruptcy
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If enacted, the CFPB's withdrawal rule would have no force or effect, effectively reinstating the original 2023 consumer protection guidance
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Introduced by Senator Hirono on March 26, 2026 and referred to the Committee on Banking, Housing, and Urban Affairs
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 "Bulletin 2023-01: Unfair Billing and Collection Practices After Bankruptcy Discharges of Certain Student Loan Debts".
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
3/26/2026