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 "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission".

Elizabeth Warren

Democrat · MA · Senator

Source: Congress.gov · FEC

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.

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

2026-04-13

Source: Congress.gov

Congress is considering blocking a Consumer Financial Protection Bureau rule that would have created a public registry of nonbank financial companies (like payday lenders or debt collectors) that have violated consumer protection laws or faced court orders. If approved, this resolution would prevent that registry from taking effect, keeping information about these companies' violations private rather than publicly available. The measure affects consumers who deal with nonbank financial services and the companies themselves.

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.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S.J. Res. 177 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. J. RES. 177 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 ``Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission''. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 13, 2026 Ms. Warren 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 ``Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission''. 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 ``Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission'' (90 Fed. Reg. 48760 (October 29, 2025)), and such rule shall have no force or effect. <all>

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