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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 Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Statement of Policy Regarding Prohibition on Abusive Acts or Practices".
S. J. RES. 147 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 ``Statement of Policy Regarding Prohibition on Abusive Acts or Practices''.
Summary
- Congress disapproves of the Bureau of Consumer Financial Protection's rule to withdraw its prohibition on abusive financial practices.
- The withdrawal rule is nullified and has no legal effect.
- The original prohibition on abusive acts or practices by financial institutions remains in force as a result.
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)
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Sen. Durbin, Richard J. (D-IL)
Money behind the sponsor
Top reported contributors to Richard J. Durbin’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- SIMMONS HANLY CONROY LLC $19,133
- THE GORI LAW FIRM $18,300
- CLIFFORD LAW OFFICES PC $17,750
- POWER ROGERS & SMITH LLP $17,300
- MAUNE RAICHLE HARTLEY FRENCH & MUDD $14,638
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Richard J. Durbin → · Outside spending →
Actions (5)
- May 13, 2026 Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2271-2272) · senate
- Apr 27, 2026 Placed on Senate Legislative Calendar under General Orders. Calendar No. 395. · senate
- Apr 27, 2026 Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c). · senate
- Mar 25, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1617) · senate
- Mar 25, 2026 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
March 25, 2026
Mr. Durbin introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
April 27, 2026
Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
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 “Statement of Policy Regarding Prohibition on Abusive Acts or Practices”.
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 Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to “Statement of Policy Regarding Prohibition on Abusive Acts or Practices (88 Fed. Reg. 21883 (April 12, 2023))” (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.
Calendar No. 395
119th CONGRESS
2d Session
S. J. RES. 147
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 “Statement of Policy Regarding Prohibition on Abusive Acts or Practices”.
April 27, 2026
Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
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