Senate Joint Resolution 156
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 "Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work".
Introduced
Introduced in Senate on Mar 26, 2026
Bill Intelligence
The bill rejects a rule from the Bureau of Consumer Financial Protection regarding "Truth in Lending" and states that the rule will have no effect. This indicates potential impacts on consumer financial protection regulations.
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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
156
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 26, 2026
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04/27/2026
Placed on Senate Legislative Calendar under General Orders. Calendar No. 400.
04/27/2026
Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
03/26/2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
03/26/2026
Introduced in Senate
Public Record
Record Updated
Apr 28, 2026 10:56:44 AM