119th (2025–2027)
S.J.Res. 157
This joint resolution seeks to block a decision by the Bureau of Consumer Financial Protection (CFPB) to withdraw "Bulletin 2012-04," which provided guidance on lending discrimination practices. The resolution uses the Congressional Review Act, a procedural mechanism that allows Congress to disapprove of federal agency rules. If approved by both chambers and signed into law, the withdrawal would be nullified, meaning the CFPB's original 2012 guidance on lending discrimination would remain in effect. The rule in question was submitted to Congress on May 12, 2025, triggering a 60-day review period. This action would primarily affect lenders and financial institutions subject to fair lending requirements, as well as consumers seeking protection from discriminatory lending practices.