Referred to the House Committee on Financial Services.
This resolution uses the Congressional Review Act to disapprove a federal agency action. If Congress passes it and the President signs it, the targeted withdrawal rule has no force or effect. Disapproval also prevents the agency from issuing a substantially similar rule in the future without new legislation from Congress. It specifically targets a CFPB action to withdraw earlier consumer protections for home sales financed under contracts for deed.
The CFPB rule withdrawing 'Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed' (90 Fed. Reg. 20084 (May 12, 2025)).
Bureau of Consumer Financial Protection (CFPB)
Under the Congressional Review Act, such disapproval resolutions are considered under expedited procedures in the Senate and are not subject to a filibuster, so they need a simple majority there; the resolution must also pass the House and be signed by the President to take effect. CRA actions must be filed within a limited window after the agency submitted the rule.
This joint resolution under the Congressional Review Act disapproves the Bureau of Consumer Financial Protection’s rule that would withdraw the prior CFPB rule titled "Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed." If enacted, the disapproval would nullify the CFPB’s withdrawal, leaving the original Regulation Z protections for contracts for deed in force.
Narrow and low-cost but partisan; easier in one chamber, difficult in the Senate absent broad bipartisan support.
Relative to its intended legislative type, this bill is a concise Congressional Review Act-style disapproval that clearly identifies the targeted agency action, cites statutory authority, and states the operative effect; it omits fiscal discussion, detailed implementation sequencing, edge-case handling, and oversight provisions.
Progressives emphasize consumer protection and anti-predatory goals.
These are examples from the analysis, not a ranked list of the most-affected groups.
Progressives emphasize consumer protection and anti-predatory goals.
Likely strongly supportive because it preserves federal consumer protections against predatory contracts for deed.
Sees the resolution as preventing deregulation that would harm vulnerable homeowners and maintain disclosure and consumer-rights safeguards.
Cautiously supportive: generally favors consumer protections but wants clear cost estimates and legal defensibility.
Sees value in preventing harm, but urges measured implementation and assessment of economic impacts.
Likely opposed: views the resolution as blocking regulatory relief and extending federal intrusion into private home sales.
Concerned about increased compliance burden and reduced flexibility in seller-financed transactions.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow and low-cost but partisan; easier in one chamber, difficult in the Senate absent broad bipartisan support.
The bill has not accumulated any surfaced votes yet.
Progressives emphasize consumer protection and anti-predatory goals.
Narrow and low-cost but partisan; easier in one chamber, difficult in the Senate absent broad bipartisan support.
Relative to its intended legislative type, this bill is a concise Congressional Review Act-style disapproval that clearly identifies the targeted agency action, cites statutory authority, and states the operative effect…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.