Senate Joint Resolution 147
119th Congress(2025-2026)
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 the withdrawal of the rule relating to "Statement of Policy Regarding Prohibition on Abusive Acts or Practices".
Introduced
Introduced in Senate on Mar 25, 2026
Bill Intelligence
The bill seeks to reject a rule by the Bureau of Consumer Financial Protection regarding the withdrawal of a rule on the "Statement of Policy Regarding Prohibition on Abusive Acts or Practices" issued in April 2023. This bill aims to render the withdrawn rule ineffective. If enacted, it will impact the regulatory framework related to consumer financial protection and may influence policies on abusive acts or practices in the financial sector.
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Origin Chamber
Senate
Type
Joint Resolution
Joint Resolution
A form of legislative measure used to propose changes in law, or to propose an amendment to the U.S. Constitution. Depending on the chamber of origin, they begin with a designation of either H.J.Res. or S.J.Res. Concurrent resolutions and simple resolutions are other types of resolutions. Bill is another form of legislative measure used to propose law.
Bill Number
147
Congress
119
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
Unavailable
March 25, 2026
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04/27/2026
Placed on Senate Legislative Calendar under General Orders. Calendar No. 395.
04/27/2026
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
03/25/2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1617)
03/25/2026
Introduced in Senate
Public Record
Record Updated
Apr 28, 2026 10:56:44 AM