Bill · S.J.Res. 143· Senate(119-SJRES-143)
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 "Consumer Financial Protection Circular 2023-02: Reopening Deposit Accounts That Consumers Previously Closed".
- Introduced
- 3/25/2026
- Last activity
- 3/25/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Sheldon Whitehouse
- Cosponsors
- None
- Introduced
- In Committee
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 relates to the withdrawal of a previous rule regarding "Consumer Financial Protection Circular 2023-02: Reopening Deposit Accounts That Consumers Previously Closed." If passed, this resolution would ensure that the rule has no force or effect.
Yes· 3 of 5
Does this give people more protection from unfair business practices?+5
By disapproving the withdrawal of the circular, the bill maintains guidance intended to protect consumers' ability to reopen previously closed deposit accounts.
Would households on low incomes be better off under this?+3
Protecting the ability to reopen deposit accounts provides greater financial stability and access for low-income consumers.
Would middle-income households be better off under this?+3
Ensuring access to reopened deposit accounts benefits middle-income households' financial management.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- The resolution seeks to prevent the withdrawal of the rule regarding "Consumer Financial Protection Circular 2023-02: Reopening Deposit Accounts That Consumers Previously Closed" (S.J. Res. 143).
Potential Negative Impacts for People
- There are no specific negative impacts or burdens for individuals or groups of people described within the provided text.
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+3Good For Middle Class Households+3Good For Urban Residents+2
- Economy And Finance
- Improves Consumer Protection+5
- Governance And Ideology
- Improves Government Transparency+2
- 3/25/2026
- 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.