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 "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents".
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Committee
Latest Action · May 7, 2026
Referred to the House Committee on Financial Services.
This joint resolution would block a recent decision by the Bureau of Consumer Financial Protection to withdraw a rule that required financial institutions to examine risks affecting active-duty military members and their families. The rule, originally issued in 2021, was designed to protect servicemembers and their dependents from predatory or harmful financial practices. By disapproving the withdrawal, Congress would effectively keep the original protections in place and prevent the Bureau from eliminating these examinations and safeguards. This legislation would primarily affect financial institutions that lend to or serve military families, requiring them to continue assessing potential financial risks to this vulnerable population. The joint resolution uses the Congressional Review Act process, which allows Congress to overturn federal agency rules.
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