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SJRES157119th CongressWALLET

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 "Bulletin 2012-04: Lending discrimination (April 18, 2012)".

Sponsored By: Senator Peter Welch

Introduced

Summary

Nullifies a CFPB rule that withdrew Bulletin 2012-04 on lending discrimination. It would disapprove the Consumer Financial Protection Bureau's withdrawal rule and prevent that withdrawal from taking effect.

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Bill Overview

Analyzed Economic Effects

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

Keep CFPB lending discrimination guidance

If enacted, this joint resolution would disapprove a CFPB rule published at 90 Fed. Reg. 20084 (May 12, 2025) that sought to withdraw Bulletin 2012-04 on lending discrimination. The disapproval would mean the CFPB rule has no force or effect. The bulletin and its guidance on avoiding lending discrimination would remain in place. The change would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Peter Welch

VT • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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