Bill > SJRes157

This joint resolution, passed by both the Senate and the House of Representatives, formally disapproves of a rule proposed by the Bureau of Consumer Financial Protection (BCFP), a government agency tasked with protecting consumers in the financial sector. Specifically, Congress is rejecting the BCFP's attempt to withdraw an earlier rule, known as "Bulletin 2012-04," which addressed lending discrimination. By disapproving this withdrawal, Congress is ensuring that the original bulletin concerning lending discrimination remains in effect and that the BCFP's attempt to remove it has no legal standing. This action is taken under Chapter 8 of Title 5 of the United States Code, which outlines the process for Congress to review and potentially overturn regulations issued by federal agencies.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-joint-resolution/157/all-info