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S.J.Res.147

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".

Introduced·3/25/26

A joint resolution to disapprove a rule by the Bureau of Consumer Financial Protection on withdrawing the "Statement of Policy Regarding Prohibition.

This bill, SJR147, is a joint resolution disapproving a rule by the Bureau of Consumer Financial Protection. The rule in question involves the withdrawal of the "Statement of Policy Regarding Prohibition on Abusive Acts or Practices". The resolution states that this rule shall have no force or effect, effectively nullifying it. This disapproval is provided for under chapter 8 of title 5, United States Code.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

May 13

Senate

Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2271-2272)

Apr 27

Senate

Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).

Apr 27

Senate

Placed on Senate Legislative Calendar under General Orders. Calendar No. 395.