Bill · S.J.Res. 168· Senate(119-SJRES-168)
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 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services".
- Introduced
- 4/13/2026
- Last activity
- 4/13/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Elizabeth Warren
- 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 involves the withdrawal of a previous rule regarding "Consumer Financial Protection Circular 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services." If passed, the resolution declares that the Bureau's rule regarding this withdrawal shall have no force or effect.
Yes· 3 of 5
Does this give people more protection from unfair business practices?+5
The resolution prevents the withdrawal of guidance intended to stop digital intermediaries from unfairly steering consumers toward specific financial products.
Would households on low incomes be better off under this?+3
Maintaining protections against steering practices can help prevent low-income consumers from being directed toward unfavorable financial services.
Would middle-income households be better off under this?+3
The resolution maintains consumer protections that prevent digital intermediaries from using steering practices to influence financial decisions.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Maintenance of Previous Guidance: By disapproving the withdrawal, the resolution acts to prevent the Bureau from pulling back its previous rule regarding "Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services" (S.J. Res. 168).
Potential Negative Impacts for People
- No specific negative impacts are detailed in 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
- 4/13/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate