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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 National Credit Union Administration relating to "Withdrawal of Fee Reporting Requirements".
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to ``Withdrawal of Fee Reporting Requirements''.
Summary
This joint resolution provides for congressional disapproval of a National Credit Union Administration rule titled "Withdrawal of Fee Reporting Requirements" that was issued on March 3, 2025. Under the Congressional Review Act, Congress is voting to disapprove this rule, which would prevent it from having any legal effect. The resolution references a Government Accountability Office opinion from January 2026 that determined the NCUA action qualifies as a rule subject to congressional review. If adopted, the resolution would nullify the rule's withdrawal of the fee reporting requirements.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
2 cosponsors
Actions (2)
- Mar 24, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. · senate
- Mar 24, 2026 Introduced in Senate
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Full text
IN THE SENATE OF THE UNITED STATES
March 24, 2026
Ms. Warren (for herself, Mr. Booker, and Mr. Blumenthal) 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 National Credit Union Administration relating to “Withdrawal of Fee Reporting Requirements”.
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 National Credit Union Administration relating to “Withdrawal of Fee Reporting Requirements” (issued March 3, 2025, and a letter of opinion from the Government Accountability Office dated January 16, 2026, printed in the Congressional Record on February 9, 2026, on pages S530-532, concluding that withdrawal is a rule under the Congressional Review Act), and such rule shall have no force or effect. <all>
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