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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".

Placed on Senate Legislative Calendar under General Orders. Calendar No. 398.

2026-04-27

Congress is considering blocking a decision by the Consumer Financial Protection Bureau to withdraw protections that prevent lenders from unfairly canceling or worsening credit terms for borrowers. If approved, this resolution would force the agency to keep the existing rule in place, which protects consumers from sudden changes to their credit arrangements like interest rate hikes or account closures without proper justification. The measure affects banks, credit card companies, and millions of Americans who rely on credit for purchases and loans.