
Full profile: /officials/M001176
Source: Congress.gov · FEC
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Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2270)
2026-05-13
Source: Congress.gov
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Congress is considering blocking a decision by the Consumer Financial Protection Bureau to cancel a rule that was supposed to protect workers who borrow money against their future paychecks. If approved, this resolution would force the agency to keep the paycheck advance lending rule in place rather than allow it to be withdrawn. The vote would affect payday lenders and the workers who use these high-cost loans.
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S.J. Res. 156 Placed on Calendar Senate (PCS)] <DOC> Calendar No. 400 119th CONGRESS 2d Session S. J. RES. 156 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 ``Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work''. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 26, 2026 Mr. Merkley 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 ``Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work''. 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 ``Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work (90 Fed. Reg. 3622 (January 15, 2025))'' (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect. Calendar No. 400 119th CONGRESS 2d Session S. J. RES. 156 _______________________________________________________________________ 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 ``Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work''. _______________________________________________________________________ April 27, 2026 Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
Bills by the same sponsor or covering overlapping subjects.