Bill · S.J.Res. 175· Senate(119-SJRES-175)
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 2022-02: Deceptive Representations Involving the FDIC's Name or Logo or Deposit Insurance".
- 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 relates to the withdrawal of a previous rule regarding "Consumer Financial Protection Circular 2022-02: Deceptive Representations Involving the FDIC's Name or Logo or Deposit Insurance." If passed, the resolution would ensure that the rule submitted by the Bureau has no force or effect.
Yes· 3 of 4
Does this give people more protection from unfair business practices?+5
The resolution prevents the withdrawal of a rule designed to stop deceptive representations involving the FDIC's name or logo, thereby maintaining consumer protections.
Would households on low incomes be better off under this?+3
Maintaining protections against deceptive FDIC claims helps protect the funds of lower-income individuals.
Would middle-income households be better off under this?+3
Ensuring banks cannot use the FDIC logo deceptively protects middle-income savings.
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 relating to "Consumer Financial Protection Circular 2022-02: Deceptive Representations Involving the FDIC's Name or Logo or Deposit Insurance" (Resolution Text). This could be seen as positive for those who want to maintain current protections against deceptive representations involving the FDIC's name or logo.
Potential Negative Impacts for People
- There are no specific negative impacts or burdens for individuals or groups of people explicitly listed or described within the provided text of the resolution.
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+3
- 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