SJRES143Referred 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 2023-02: Reopening Deposit Accounts That Consumers Previously Closed".

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-03-25
Introduced
0
Cosponsors
SJRES
ⓘ
Type

Sponsor

Sheldon Whitehouse
Sheldon Whitehouse
Democrat · RI · Senator
Votes with party: 60.7% (318 recorded votes)

Full profile: /officials/W000802

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 →

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

2026-03-25

Source: Congress.gov

Committee Activity

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Plain-English Summary

Congress is considering blocking a decision by the Consumer Financial Protection Bureau that would undo a 2023 rule requiring banks to reopen deposit accounts that customers had previously closed. If approved, this resolution would prevent banks from easily refusing to restore access to accounts customers want back, protecting consumers who might otherwise lose their banking services. The measure is currently being reviewed 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. 143 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. J. RES. 143 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 2023-02: Reopening Deposit Accounts That Consumers Previously Closed''. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 25, 2026 Mr. Whitehouse 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 Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to ``Consumer Financial Protection Circular 2023-02: Reopening Deposit Accounts That Consumers Previously Closed''. 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 2023-02: Reopening Deposit Accounts That Consumers Previously Closed (88 Fed. Reg. 33545 (May 24, 2023))'' (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect. <all>
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