DemocratBill · 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".

Rep. Warren
Age: 77 years
Massachusetts
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
Finance and Financial Sector
  1. Introduced
  2. 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.