Referred to the House Committee on Financial Services.
This resolution uses the Congressional Review Act to overturn a recent agency action by the Bureau of Consumer Financial Protection. If both chambers of Congress pass the joint resolution and the President signs it, the targeted rule is voided and has no force or effect. The law also prevents the agency from issuing a substantially similar rule in the future unless Congress enacts new authority.
The rule withdrawing Consumer Financial Protection Circular 2022-04: Insufficient Data Protection or Security for Sensitive Consumer Information (90 Fed. Reg. 20084, May 12, 2025).
Bureau of Consumer Financial Protection (CFPB)
Under the Congressional Review Act, disapproval resolutions get expedited consideration and require only a simple majority to pass in both chambers; in the Senate they are not subject to a filibuster. The joint resolution must be presented to the President for signature or veto.
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.
These are examples from the analysis, not a ranked list of the most-affected groups.
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.