SJRES132Referred 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 "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents".

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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

Jack Reed
Jack Reed
Democrat · RI · Senator
Votes with party: 81.0% (832 recorded votes)

Full profile: /officials/R000122

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 Yea-Nay Vote. 48 - 52. Record Vote Number: 121. (consideration: CR S2264-2265)

2026-05-13

Source: Congress.gov

Committee Activity

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Plain-English Summary

Congress is attempting to block a decision by the Consumer Financial Protection Bureau to withdraw a rule that required banks and financial companies to examine their practices for risks to active-duty military members and their families. If approved, this resolution would force the agency to keep the rule in place, ensuring that financial institutions continue checking whether their products and services might harm servicemembers. The measure is currently under review by the Senate Banking Committee.

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. 132 Placed on Calendar Senate (PCS)] <DOC> Calendar No. 388 119th CONGRESS 2d Session S. J. RES. 132 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 ``Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents''. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 18, 2026 Mr. Reed 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 ``Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents''. 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 ``Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents (86 Fed. Reg. 32723 (June 23, 2021))'' (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect. Calendar No. 388 119th CONGRESS 2d Session S. J. RES. 132 _______________________________________________________________________ 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 ``Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents''. _______________________________________________________________________ April 27, 2026 Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
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