Legis Daily

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 "Consumer Financial Protection Circular 2022-04: Insufficient Data Protection or Security for Sensitive Consumer Information".

USA119th CongressSJRES-164| Senate 
| Updated: 4/13/2026
Jacky Rosen

Jacky Rosen

Democratic Senator

Nevada

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This joint resolution, introduced under the Congressional Review Act, expresses congressional disapproval of a specific rule issued by the Bureau of Consumer Financial Protection (BCFP). The BCFP rule targeted for disapproval concerns its decision to withdraw "Consumer Financial Protection Circular 2022-04." Circular 2022-04 originally provided guidance on addressing insufficient data protection or security for sensitive consumer information . The BCFP's subsequent rule sought to remove this guidance, which the resolution aims to prevent. By passing this resolution, Congress intends to nullify the BCFP's withdrawal rule, thereby preventing Circular 2022-04 from being rescinded. The ultimate effect would be to maintain the existing guidance and expectations for financial institutions regarding the security of sensitive consumer data. This action underscores a legislative effort to ensure robust consumer data protection standards remain in force.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 13, 2026
Introduced in Senate
Apr 13, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • April 13, 2026
    Introduced in Senate


  • April 13, 2026
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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 "Consumer Financial Protection Circular 2022-04: Insufficient Data Protection or Security for Sensitive Consumer Information".

USA119th CongressSJRES-164| Senate 
| Updated: 4/13/2026
This joint resolution, introduced under the Congressional Review Act, expresses congressional disapproval of a specific rule issued by the Bureau of Consumer Financial Protection (BCFP). The BCFP rule targeted for disapproval concerns its decision to withdraw "Consumer Financial Protection Circular 2022-04." Circular 2022-04 originally provided guidance on addressing insufficient data protection or security for sensitive consumer information . The BCFP's subsequent rule sought to remove this guidance, which the resolution aims to prevent. By passing this resolution, Congress intends to nullify the BCFP's withdrawal rule, thereby preventing Circular 2022-04 from being rescinded. The ultimate effect would be to maintain the existing guidance and expectations for financial institutions regarding the security of sensitive consumer data. This action underscores a legislative effort to ensure robust consumer data protection standards remain in force.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 13, 2026
Introduced in Senate
Apr 13, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • April 13, 2026
    Introduced in Senate


  • April 13, 2026
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jacky Rosen

Jacky Rosen

Democratic Senator

Nevada

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted