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© 2026 Govwatch

SJRES156Referred 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 "Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work".

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
Failed — Did not pass vote
119th
Congress
2026-03-26
Introduced
0
Cosponsors
SJRES
ⓘ
Type

Sponsor

Jeff Merkley
Jeff Merkley
Democrat · OR · Senator
Votes with party: 85.2% (851 recorded votes)

Full profile: /officials/M001176

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 Voice Vote. (consideration: CR S2270)

2026-05-13

Source: Congress.gov

Committee Activity

Currently in

  • Senate Committee on Banking, Housing, and Urban AffairsDischarged From · 2026-04-27

Previously

  • Banking, Housing, and Urban Affairs CommitteeDischarged From · 2026-04-27
  • Banking, Housing, and Urban Affairs CommitteeReferred To · 2026-03-26
  • Senate Committee on Banking, Housing, and Urban AffairsReferred To · 2026-03-26

Plain-English Summary

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this resolution would force the agency to keep the paycheck advance lending rule in place rather than allow it to be withdrawn.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.

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. 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
Open clean-text viewRead on Congress.gov →

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