S.J.Res. 156Heading to a voteJobs & the economy
Senate moves to restore CFPB paycheck advance protections
Data as of July 11, 2026
Congress is voting on whether to restore federal disclosure rules for paycheck advance loans, after the CFPB canceled those rules in 2025.40-second read · 4 questions answered below
Decoded
What does this do?
This resolution is Congress voting to reject the CFPB's 2025 decision to cancel a rule about paycheck advance loans. That original rule required lenders to clearly disclose costs and terms to borrowers. If this resolution passes, the CFPB's cancellation would have no legal effect, and the original rule could be restored.
Who does it affect?
Workers who use earned wage advance or paycheck advance products are most directly affected. Companies that offer those financial products are also affected.
Why does it matter?
If the resolution passes, lenders offering paycheck advance products may again be required to provide clear disclosures about loan costs and terms. If it does not pass, the CFPB's cancellation of those protections would remain in place.
Where does it stand?
- Introduced
- Senate committee
- Senate vote — You are here
- House
- President's desk
Right now: it's headed for a Senate floor vote. If the House changes it, it goes back to the Senate before reaching the President.
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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 "Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work".
- Introduced:
- March 26, 2026
- Latest action:
- April 27, 2026
Placed on Senate Legislative Calendar under General Orders. Calendar No. 400.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.