Bill · S.J.Res. 130· Senate(119-SJRES-130)
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 withdrawal of the rule relating to "Consumer Financial Protection Circular 2024-05: Improper Overdraft Opt-In Practices".
- Introduced
- 3/18/2026
- Last activity
- 5/13/2026 — Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 47 - 53. Record Vote Number: 123. (consideration: CR S2265-2266)
- Sponsored by
- Chris Van Hollen
- Cosponsors
- None
- Introduced
What this bill would do
This joint resolution aims to provide congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection. The rule in question involves the withdrawal of the rule relating to "Consumer Financial Protection Circular 2024-05: Improper Overdraft Opt-In Practices." If this resolution is passed, the rule submitted by the Bureau shall have no force or effect. The resolution was introduced by Mr. Van Hollen and was placed on the calendar following a committee discharge.
Yes
No question was scored yes.
The opposite· 3 of 5
Does this give people more protection from unfair business practices?-5
By disapproving the Bureau's rule, this resolution effectively opposes the withdrawal of guidance intended to prevent improper overdraft opt-in practices, which likely reduces consumer protections regarding bank fees.
Would households on low incomes be better off under this?-4
Reducing oversight on overdraft opt-in practices negatively impacts low-income consumers who are more susceptible to bank fees.
Would middle-income households be better off under this?-3
The rollback of consumer financial protections regarding overdrafts can lead to unexpected bank fees for middle-income earners.
What Congress actually voted on
One recorded vote has been taken on this bill.
None of them settled the bill — every vote so far has been about whether to keep going.
Who it would affect, and how
Potential Positive Impacts for People
- There are no specific positive impacts or benefits for individuals or groups of people explicitly mentioned in the text of this resolution.
Potential Negative Impacts for People
- There are no specific negative impacts or burdens for individuals or groups of people explicitly mentioned in the text of this resolution.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households-4Good For Middle Class Households-3Good For Urban Residents-2
- Economy And Finance
- Improves Consumer Protection-5
- Governance And Ideology
- Increases Federal Power-2
- 5/13/2026
- Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 47 - 53. Record Vote Number: 123. (consideration: CR S2265-2266)
- 4/27/2026
- Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 386.
- 3/18/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.