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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 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services".

USA119th CongressSJRES-168| Senate 
| Updated: 4/13/2026
Elizabeth Warren

Elizabeth Warren

Democratic Senator

Massachusetts

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This joint resolution seeks to invoke congressional disapproval under the Congressional Review Act to nullify a specific action taken by the Bureau of Consumer Financial Protection (CFPB). The resolution targets the CFPB's rule that withdrew its own "Consumer Financial Protection Circular 2024-01." This original circular provided guidance on preferencing and steering practices by digital intermediaries concerning consumer financial products or services. By disapproving this withdrawal, the resolution aims to prevent the rescission of Circular 2024-01. If enacted, the CFPB's attempt to remove its guidance on how digital platforms influence consumer choices for financial products would be rendered without force or effect, thereby maintaining the circular's provisions.
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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 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services".

USA119th CongressSJRES-168| Senate 
| Updated: 4/13/2026
This joint resolution seeks to invoke congressional disapproval under the Congressional Review Act to nullify a specific action taken by the Bureau of Consumer Financial Protection (CFPB). The resolution targets the CFPB's rule that withdrew its own "Consumer Financial Protection Circular 2024-01." This original circular provided guidance on preferencing and steering practices by digital intermediaries concerning consumer financial products or services. By disapproving this withdrawal, the resolution aims to prevent the rescission of Circular 2024-01. If enacted, the CFPB's attempt to remove its guidance on how digital platforms influence consumer choices for financial products would be rendered without force or effect, thereby maintaining the circular's provisions.
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.
Elizabeth Warren

Elizabeth Warren

Democratic Senator

Massachusetts

Banking, Housing, and Urban Affairs Committee

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