Bill · S.J.Res. 157· Senate(119-SJRES-157)
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 "Bulletin 2012-04: Lending discrimination (April 18, 2012)".
- Introduced
- 3/26/2026
- Last activity
- 3/26/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Peter Welch
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This joint resolution aims to express 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 "Bulletin 2012-04: Lending discrimination (April 18, 2012)." If passed, this resolution would ensure that the rule submitted by the Bureau has no force or effect. The resolution was introduced by Mr. Welch in the Senate.
Yes· 3 of 7
Does this give people more protection from unfair business practices?+5
The resolution maintains existing guidance on lending discrimination by preventing its withdrawal.
Would households on low incomes be better off under this?+3
Maintaining lending discrimination protections helps safeguard low-income individuals from discriminatory credit practices.
Would Black Americans be better off under this?+3
The bill preserves guidance intended to prevent lending discrimination that often disproportionately affects Black Americans.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Maintenance of existing lending discrimination guidance: By disapproving the withdrawal, the resolution prevents the Bureau of Consumer Financial Protection from removing the rule relating to "Bulletin 2012-04: Lending discrimination (April 18, 2012)" (S.J. Res. 157). This would keep the original rule in place rather than allowing it to be withdrawn.
Potential Negative Impacts for People
- No specific negative impacts are detailed in the text provided.
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 African Americans+3Good For Hispanic Americans+3Good For Low Income Households+3Good For Urban Residents+2
- Economy And Finance
- Improves Consumer Protection+5
- Social Issues And Justice
- Improves Racial Equity+3
- Governance And Ideology
- Improves Government Transparency+2
- 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.