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".
This joint resolution aims to exercise congressional disapproval under chapter 8 of title 5, United States Code, regarding a specific rule from the Bureau of Consumer Financial Protection (CFPB). The targeted CFPB rule, published in October 2025, pertains to the withdrawal of a regulation that established a registry for nonbank covered persons subject to certain agency and court orders. By disapproving this CFPB rule, Congress intends to prevent the rescission of the aforementioned registry. If this resolution is enacted, the CFPB's rule to withdraw the registry would be rendered without force or effect, effectively blocking the attempt to remove the requirement for nonbank entities to be listed in the registry.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
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 "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission".
USA119th CongressSJRES-177| Senate
| Updated: 4/13/2026
This joint resolution aims to exercise congressional disapproval under chapter 8 of title 5, United States Code, regarding a specific rule from the Bureau of Consumer Financial Protection (CFPB). The targeted CFPB rule, published in October 2025, pertains to the withdrawal of a regulation that established a registry for nonbank covered persons subject to certain agency and court orders. By disapproving this CFPB rule, Congress intends to prevent the rescission of the aforementioned registry. If this resolution is enacted, the CFPB's rule to withdraw the registry would be rendered without force or effect, effectively blocking the attempt to remove the requirement for nonbank entities to be listed in the registry.