Bill · S.J.Res. 154· Senate(119-SJRES-154)
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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".
- Introduced
- 3/26/2026
- Last activity
- 5/13/2026 — Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2270)
- Sponsored by
- Cory Booker
- 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 a previous rule regarding "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements." If passed, the resolution would ensure that the Bureau's rule has no force or effect.
Yes· 3 of 9
Does this give people more protection from unfair business practices?+5
The resolution prevents the withdrawal of a rule designed to protect consumers from unfavorable changes to existing credit arrangements.
Would households on low incomes be better off under this?+4
Preserving the rule ensures consumers retain protections against unfavorable changes to their existing credit terms.
Would middle-income households be better off under this?+4
The bill preserves protections against unfavorable changes to existing credit arrangements for middle-income consumers.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Maintaining Existing Protections: By disapproving the Bureau's rule to withdraw previous regulations, the resolution acts to prevent the removal of the rule relating to "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements" (S. J. RES. 154).
Potential Negative Impacts for People
- No specific negative impacts are detailed 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+4Good For Middle Class Households+4Good For African Americans+3Good For Asian Americans+3Good For Hispanic Americans+3Good For White Americans+3
- Economy And Finance
- Improves Consumer Protection+5
- Social Issues And Justice
- Improves Racial Equity+3
- Governance And Ideology
- Improves Government Transparency+2
- 5/13/2026
- Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2270)
- 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. 398.
- 3/26/2026
- 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.