DemocratBill · S.J.Res. 110· Senate(119-SJRES-110)

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies".

Rep. Warren
Age: 77 years
Massachusetts
Introduced
3/4/2026
Last activity
3/4/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsored by
Elizabeth Warren
Cosponsors
None
Finance and Financial Sector
  1. Introduced
  2. In Committee

What this bill would do

This joint resolution seeks to overturn a rule submitted by the Department of the Treasury. The rule in question involves modifications to the Enhanced Supplementary Leverage Ratio Standards for certain bank holding companies and their subsidiaries. It also addresses Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies. If passed, this resolution would ensure the Treasury rule has no force or effect.

Yes· 3 of 5

  • Would business owners be better off under this?+2

    The reduction in capital requirements may benefit large financial institutions and their owners.

  • Would people with substantial wealth be better off under this?+2

    The easing of banking regulations often benefits those with significant financial interests in large banks.

  • Would the very wealthiest people be better off under this?+2

    The easing of banking regulations often benefits those with significant financial interests in large banks.

The opposite

  • Does this give people more protection from unfair business practices?-2

    Reducing capital and debt requirements for large banks may weaken overall consumer protections against banking failures.

  • Does this make the government pay for what it commits to?-1

    Reducing regulatory capital requirements for systemically important banks may increase systemic financial risk.

  • Does this give the federal government more power?-1

    By disapproving a Treasury rule, the bill reduces the regulatory power of a federal agency.