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".

Elizabeth Warren

Democrat · MA · Senator

Source: Congress.gov · FEC

• Cory A. Booker (D-NJ)Original· 2026-03-24
• Richard Blumenthal (D-CT)Original· 2026-03-24

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-03-24

Source: Congress.gov

Congress is considering blocking a rule that would let credit unions stop reporting certain fees to regulators, arguing that the National Credit Union Administration went too far in reducing transparency requirements. If approved, this resolution would overturn the rule and require credit unions to continue reporting fee information to federal overseers. The change affects credit unions and their members, who rely on fee disclosure to understand the true costs of their financial products.

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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S.J. Res. 142 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. J. RES. 142 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''. _______________________________________________________________________ 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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