SJRES131Referred to Committee

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 "Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer".

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
Failed — Did not pass vote
119th
Congress
2026-03-18
Introduced
0
Cosponsors
SJRES
ⓘ
Type

Sponsor

Ruben Gallego
Ruben Gallego
Democrat · AZ · Senator
Votes with party: 77.7% (749 recorded votes)

Full profile: /officials/G000574

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2269-2270)

2026-05-13

Source: Congress.gov

Committee Activity

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Plain-English Summary

Congress is voting to reject a decision by the Consumer Financial Protection Bureau to withdraw its guidance on deceptive marketing practices related to money transfer services, which would restore protections that prevent companies from misleading customers about how fast or cheap it is to send money internationally or domestically. If approved, this would keep the consumer protection rules in place and prevent the agency from abandoning oversight of misleading advertising in the money transfer industry. The resolution targets workers and immigrants who frequently send money to family members and rely on accurate information about transfer speeds and costs.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S.J. Res. 131 Placed on Calendar Senate (PCS)] <DOC> Calendar No. 387 119th CONGRESS 2d Session S. J. RES. 131 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 ``Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer''. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 18, 2026 Mr. Gallego 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 ``Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer''. 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 ``Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer (89 Fed. Reg. 27357 (April 17, 2024))'' (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect. Calendar No. 387 119th CONGRESS 2d Session S. J. RES. 131 _______________________________________________________________________ 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 ``Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer''. _______________________________________________________________________ April 27, 2026 Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
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