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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".
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''.
Summary
This joint resolution provides for congressional disapproval of a rule issued by the Board of Governors of the Federal Reserve System that revises the rating system for large financial institutions and the framework for supervising insurance organizations. If approved by Congress, the resolution would invalidate the rule and render it without legal force or effect. The rule was published in the Federal Register on November 17, 2025.
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Sponsor (1)
Actions (2)
- Mar 4, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Mar 4, 2026 Introduced in Senate
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Full text
IN THE SENATE OF THE UNITED STATES
March 4, 2026
Ms. Warren introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
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”.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Department of the Treasury relating to “Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations” (90 Fed. Reg. 51329 (November 17, 2025)), and such rule shall have no force or effect. <all>
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