Referred to the House Committee on Financial Services.
This joint resolution uses the Congressional Review Act (chapter 8 of title 5, U.S.C.) to disapprove a Bureau of Consumer Financial Protection rule that would withdraw Consumer Financial Protection Circular 2022-04.
If enacted, the disapproval nullifies the agency’s submitted rule (90 Fed.
Reg. 20084 (May 12, 2025)) and prevents that withdrawal from taking effect, leaving Circular 2022-04 (87 Fed.
Content is narrow and technically clear, but politically contentious and requires Senate approval within CRA timing constraints.
Relative to its intended legislative type, this bill is a narrowly focused Congressional Review Act disapproval that is clear about its target and legal effect and requires minimal additional scaffolding.
Liberals emphasize consumer data protection; conservatives emphasize regulatory burden.
Liberals emphasize consumer data protection; conservatives emphasize regulatory burden.
Likely strongly supportive: preserves CFPB guidance treating poor data protection as an enforcement concern.
Views maintaining the Circular as protecting consumers' sensitive data from weak security practices.
Cautiously favorable but pragmatic: appreciates consumer protection aims, worries about procedure and economic impacts.
Wants clarity on legal effect and costs before full endorsement.
Likely opposed: views resolution as blocking necessary regulatory rollback and expanding CFPB enforcement discretion.
Prefers limiting federal guidance that increases business liability.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Content is narrow and technically clear, but politically contentious and requires Senate approval within CRA timing constraints.
The bill has not accumulated any surfaced votes yet.
Liberals emphasize consumer data protection; conservatives emphasize regulatory burden.
Content is narrow and technically clear, but politically contentious and requires Senate approval within CRA timing constraints.
Relative to its intended legislative type, this bill is a narrowly focused Congressional Review Act disapproval that is clear about its target and legal effect and requires minimal additional scaffolding.
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.