DemocratBill · S.J.Res. 177· Senate(119-SJRES-177)

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 "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission".

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 express congressional disapproval of a specific rule submitted by the Bureau of Consumer Financial Protection. The rule in question involves the "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission." If passed, the resolution would ensure that this rule has no force or effect.

Yes

No question was scored yes.

The opposite

  • Does this give people more protection from unfair business practices?-3

    The resolution prevents the implementation of a rule that would have required a registry for certain nonbank entities, potentially reducing oversight of consumer-facing financial institutions.

  • Would households on low incomes be better off under this?-2

    The removal of potential registry oversight for nonbank financial entities may reduce protections for low-income consumers.

  • Does this give the federal government more power?-2

    By nullifying a Bureau of Consumer Financial Protection rule, the resolution limits the agency's regulatory reach.