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...

On 2026-05-13, Senator Peter Welch (D-VT) delivered a floor speech titled "PROVIDING FOR CONGRESSIONAL DISAPPROVAL UNDER CHAPTER 8 OF TITLE 5, UNITED STATES CODE, OF THE RULE SUBMITTED BY THE BUR" in the Senate.

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...

Congressional Record, Volume 172 Issue 81 (Wednesday, May 13, 2026) [Congressional Record Volume 172, Number 81 (Wednesday, May 13, 2026)] [Senate] [Page S2272] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] 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 2024-04: WHISTLEBLOWER PROTECTIONS UNDER CFPA SECTION 1057''--Motion to Proceed Mr. WELCH. Mr. President, I move to proceed to S.J. Res. 135. The PRESIDING OFFICER. The clerk will report the motion. The senior assistant legislative clerk read as follows: Motion to proceed to Calendar No. 391, S.J. Res. 135, 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 2024-04: Whistleblower Protections Under CFPA Section 1057''. Mr. WELCH. Mr. President, the CFPB promulgated a rule to protect whistleblowers. Whistleblowers have historically revealed information about abusive practices and rip-offs in organizations where they had the ability to see what happened and to stand up to protect the rule of law and to stop rip-offs. The biggest proponent of whistleblower protection in this Chamber is our President pro tempore Senator Grassley, and I have such admiration for him in his steadfast commitment to whistleblowers. The corporations that don't like whistleblowers are now forcing them to sign nondisclosure agreements that are overly broad, and it means that a whistleblower has no protections because they are being threatened with lawsuits, and they are being threatened that they are going to be accused of breaking the law or that they are engaged in corporate misconduct if they essentially blow the whistle on bad practices that are hurting the people we represent. I don't know why the Trump administration rescinded that rule. Whistleblowers, as Senator Grassley has eloquently stated over and over again, protect us, protect the taxpayers, and protect us from abuse of practices. I believe, as Senator Grassley believes, it is absolutely critical for Congress to act to protect whistleblowers. I yield the floor. Vote on Motion to Proceed The PRESIDING OFFICER. The question is on agreeing to the motion. In the opinion of the Chair, the noes have it. The motion was rejected. The PRESIDING OFFICER. The Senator from Ohio. ____________________

Referenced legislation: SJRES135, SJRES135