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SJRES177119th 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 "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission".
Sponsored By: Senator Warren, Elizabeth [D-MA]
Introduced
Summary
Preserves the Registry of Nonbank Covered Persons. This bill would disapprove the Bureau of Consumer Financial Protection's rule that would withdraw the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders, preventing the agency from implementing that withdrawal.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Keep consumer finance registry in place
This joint resolution would block the Bureau of Consumer Financial Protection rule that sought to withdraw the public registry of nonbank covered persons. If enacted, the withdrawal rule published at 90 Fed. Reg. 48760 (October 29, 2025) would have no force or effect. The CFPB would not be able to implement that rescission, so the existing registry would remain in place. The measure would not change funding, taxes, eligibility, or other laws beyond blocking that withdrawal.
Sponsors & CoSponsors
Sponsor
Warren, Elizabeth [D-MA]
MA • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov