A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies".
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsor
- 1
- Latest action
- Mar 4, 2026
What it does
This joint resolution seeks to disapprove to nullify a Treasury Department rule that modifies capital requirements for the largest U.S. banks and their bank subsidiaries, specifically regarding leverage ratios, loss-absorbing capacity, and long-term debt standards. If enacted, the resolution would invalidate the rule, meaning it would have no legal force or effect. The rule in question was published in the Federal Register on December 1, 2025, and applies to U.S. global systemically important bank holding companies and their subsidiary depository institutions. The resolution was introduced by Senator Warren and referred to the Senate Committee on Banking, Housing, and Urban Affairs.
AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
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Where it goes next
While a bill can still move, the questions are about people and money.