A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations".
- Stage
- In committee
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Mar 4, 2026
What it does
This joint resolution seeks to disapprove a rule issued by the Board of Governors of the Federal Reserve System concerning revisions to the Large Financial Institution Rating System and the framework for supervising insurance organizations. If enacted, the resolution would nullify the rule, which was published in the Federal Register on November 17, 2025, meaning it would have no legal force or effect. The measure affects the Federal Reserve’s regulatory authority over large financial institutions and insurance organizations under its supervision. It was introduced in the Senate by Ms. Warren and referred to the Committee on Banking, Housing, and Urban Affairs.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
Sponsors
Connections
Its sponsors, who gave them money, and who lobbied on it. A gift is not a position on the bill.
The record
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