A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations".
This bill (SJRES 111) seeks congressional disapproval of a Federal Reserve rule that revised how large financial institutions are rated and supervised, including insurance organizations. It directly affects the Federal Reserve's regulatory framework for major banks and insurers. The resolution uses the Congressional Review Act process (chapter 8 of title 5 U.S. Code) to block the rule, which was published in the Federal Register on November 17, 2025. If enacted, the rule would have no legal effect, preventing its implementation.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 4, 2026
Last action Mar 4, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 4, 2026
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Mar 4, 2026
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Elizabeth Warren
DDemocratic
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