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119-sjres-142119th CongressWALLET

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Withdrawal of Fee Reporting Requirements".

Sponsored By: Senator Warren, Elizabeth [D-MA]

Introduced

Summary

Blocks the NCUA's withdrawal of fee reporting requirements. The joint resolution would disapprove the National Credit Union Administration rule titled "Withdrawal of Fee Reporting Requirements" under the Congressional Review Act and prevent that withdrawal from taking effect.

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Bill Overview

Analyzed Economic Effects

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

Keep fee reporting for credit unions

This joint resolution would disapprove the NCUA rule called "Withdrawal of Fee Reporting Requirements" issued March 3, 2025. If enacted, the resolution would declare that rule to have no force or effect and would prevent the withdrawal from taking effect. It cites a GAO opinion dated January 16, 2026, printed in the Congressional Record on February 9, 2026 (pages S530-532) that concluded the withdrawal is a rule under the Congressional Review Act. As a result, NCUA fee-reporting requirements would stay in place, so credit unions would keep reporting costs while members would keep fee transparency.

Sponsors & CoSponsors

Sponsor

Warren, Elizabeth [D-MA]

MA • D

Cosponsors

  • Sen. Booker, Cory A. [D-NJ]

    NJ • D

    Sponsored 3/24/2026

  • Sen. Blumenthal, Richard [D-CT]

    CT • D

    Sponsored 3/24/2026

Roll Call Votes

No roll call votes available for this bill.

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