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S.J.Res. 132119th CongressPlaced on the calendarLatest action Apr 27, 2026Decoded by AI · checked against the record
Official title: 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 "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents".
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Congress is voting to restore a federal rule that required financial companies serving military families to undergo special oversight examinations.
40-second read · 4 questions answered below
This resolution would cancel a May 2025 decision by the Consumer Financial Protection Bureau to drop a rule requiring special examinations of financial companies that serve military communities. If the resolution passes, the original 2021 rule would be restored and the CFPB's cancellation would have no legal effect.
Active-duty military servicemembers and their covered dependents would again have federal oversight protecting them from unfair treatment by lenders. Financial institutions that serve the military community could again be subject to targeted CFPB examinations.
If the resolution passes, the CFPB would be required to resume conducting those special examinations. If it does not pass, the 2021 rule remains canceled and those examinations would not take place.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the Senate floor calendar, and the official record shows no floor action on it since. If the House changes it, it goes back to the Senate before reaching the President.
Latest action: — Placed on Senate Legislative Calendar under General Orders. Calendar No. 388.