PRIA Logo™
119-hjres-180119th CongressWALLET

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 "Statement of Policy Regarding Prohibition on Abusive Acts or Practices".

Sponsored By: Representative Garcia, Sylvia R. [D-TX-29]

Introduced

Summary

Would restore the CFPB's "Statement of Policy Regarding Prohibition on Abusive Acts or Practices." This joint resolution would disapprove the Bureau of Consumer Financial Protection's withdrawal of that statement (88 Fed. Reg. 21883) and leave the withdrawal with no force or effect.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Restore CFPB anti-abuse policy

This joint resolution would disapprove the CFPB rule that withdrew the 2023 "Statement of Policy Regarding Prohibition on Abusive Acts or Practices" (88 Fed. Reg. 21883, April 12, 2023). It targets the withdrawal published at 90 Fed. Reg. 20084 (May 12, 2025) and would declare that withdrawal has no force or effect. If enacted, the 2023 CFPB statement would remain in effect and the change would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Garcia, Sylvia R. [D-TX-29]

TX • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation