Question 1

What does SJR132 do?

Accepted Answer

This joint resolution exercises Congress's authority under the Congressional Review Act to disapprove and nullify a regulatory action taken by the Bureau of Consumer Financial Protection. Specifically, the resolution targets the Bureau's May 12, 2025 rule that withdrew protections originally established on June 23, 2021 for active-duty servicemembers and their covered dependents. The original 2021 rule established examination procedures to identify and address risks faced by military families in consumer financial transactions. By disapproving the withdrawal rule, Congress seeks to preserve these consumer protections and prevent the Bureau from eliminating the examination framework designed to safeguard servicemembers from predatory financial practices. The resolution represents a direct congressional intervention to maintain regulatory oversight in an area affecting military personnel and their families, reflecting legislative concern that the Bureau's withdrawal of these protections would leave vulnerable populations exposed to financial exploitation.

Question 2

Who sponsored SJR132?

Accepted Answer

Jack Reed

Question 3

What is the status of SJR132?

Accepted Answer

Introduced as of March 18, 2026.

S.J.Res.132