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US SJR157

Joint Resolution

Official Source

Status

Introduced

3/26/2026

Primary Sponsor

Peter Welch

Click for details

Origin

Senate

119th Congress

AI Summary

  • Congress disapproves of the Bureau of Consumer Financial Protection's rule withdrawing "Bulletin 2012-04: Lending discrimination" (originally issued April 18, 2012)
  • The CFPB withdrawal rule was published in the Federal Register on May 12, 2025 (90 Fed. Reg. 20084)
  • If enacted, the CFPB's withdrawal rule would have no force or effect, effectively reinstating the original 2012 lending discrimination bulletin
  • Uses the Congressional Review Act (chapter 8 of title 5, U.S. Code) as the mechanism for disapproval
  • Introduced by Senator Welch 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 2012-04: Lending discrimination (April 18, 2012)".

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

3/26/2026

Committee Referrals

Banking, Housing, And Urban Affairs3/26/2026

Full Bill Text

No bill text available