SJRES 157 United States Senate · 119th Congress

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 "Bulletin 2012-04: Lending discrimination (April 18, 2012)".

This bill allows Congress to disapprove a rule from the Bureau of Consumer Financial Protection that would remove an earlier regulation about lending discrimination. If passed, the resolution would prevent the Bureau from withdrawing the 2012 guidance that addressed potential unfair lending practices. The measure directly affects the Bureau's regulatory authority and the financial institutions that previously followed the discrimination guidelines. It uses a congressional veto mechanism to block the specific rule change without creating new laws or policies.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 26, 2026 Last action Mar 26, 2026
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Committee
1
Mar 26, 2026
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Mar 26, 2026
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors

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Role
Legislator
Party
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P
Photo of Peter Welch
Peter Welch
DDemocratic
VT
n/a