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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Apr 30, 2026
What it does
This joint resolution seeks to disapprove a rule issued by the Bureau of Consumer Financial Protection that withdrew an earlier regulation concerning equal credit opportunity and restrictions on unfavorable changes to existing credit terms. If enacted, the resolution would nullify the Bureau’s withdrawal rule, meaning the original Equal Credit Opportunity (Regulation B) provisions regarding revocations or unfavorable changes to credit arrangements would remain in effect. The measure affects financial institutions and consumers by influencing how credit terms can be altered, particularly for existing accounts. It was introduced in the House and referred to the Committee on Financial Services…
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)
What moved
Who is involved
Sponsors
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In the news
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Where it goes next
While a bill can still move, the questions are about people and money.