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FEDERALcongressional record

Senate Vote on Consumer Financial Protection Bureau Rule

Original title: 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...

May 13, 2026

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The Frame

What this does

The rejection of this motion prevents the Senate from debating or voting on a resolution that would have reinstated specific federal protections against discriminatory changes to existing credit terms.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Consumers

Consumers are subject to the credit terms and protections governed by the CFPB's Regulation B.

Banks and Lenders

Lenders must comply with federal regulations regarding the revocation or modification of existing credit arrangements.

What changed

Last recorded activity May 13, 2026.

What's next

Next step not available in the current record.

Summary

The Senate voted on a to S.J. Res. 154, a resolution intended to overturn a rule change by the Consumer Financial Protection Bureau (CFPB) regarding credit discrimination protections. The motion was rejected by the Senate, meaning the resolution will not move forward for a full vote at this time.

Key Facts

  • The Senate rejected a motion to proceed to S.J. Res. 154.
  • S.J. Res. 154 sought to use the Congressional Review Act (Chapter 8 of Title 5) to disapprove a CFPB rule.
  • The CFPB rule in question relates to the withdrawal of previous regulations under 'Equal Credit Opportunity (Regulation B)'.
  • The regulation concerns 'Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements'.
  • Senator Booker cited a 2022 study claiming women pay $40.3 million annually in higher auto loan premiums compared to men.
  • The motion to proceed was rejected by the presiding officer based on a voice vote.

Frequently Asked Questions

What was the purpose of S.J. Res. 154?
It was a resolution of disapproval intended to overturn a specific rule change made by the Consumer Financial Protection Bureau regarding credit terms.
Did the Senate pass the resolution?
No, the Senate rejected the to the resolution, effectively stopping it from being considered.

Why It Matters

The rejection of this motion prevents the Senate from debating or voting on a resolution that would have reinstated specific federal protections against discriminatory changes to existing credit terms.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Lobbying Activity

60 Plus Association

2026

TAXATION/INTERNAL REVENUE CODEENVIRONMENT/SUPERFUNDCOPYRIGHT/PATENT/TRADEMARKHEALTH ISSUES

Signed a coalition letter opposing any efforts to raise the corporate tax rate above the 21% level set in the 2017 Tax Cuts and Jobs Act (TCJA). Signed a coalition in support of the Family Business Legacy Act, H.R. 6329. This legislation creates parity in the tax code between the estate and gift taxes by allowing an estate tax deduction for contributions to 501(c)(4), (c)(5), and (c)(6) organizations. Signed a coalition letter urging opposition to proposals that would raise taxes on carried interest investment income.The letter is urging Congress to reject the misnamed Carried Interest Fairness Act, legislation recently reintroduced by Senators Tammy Baldwin, Elizabeth Warren, Bernie Sanders, and other progressive members of Congress. This legislation that would increase the tax rate on carried interest investment by 70%, from 23.8% to 40.8%. Signed a coalition letter in support of H.R.574 - ALIGN Act and highlight the 100% bonus depreciation provision's importance as the tax cut reauthorization efforts continue. Signed a coalition to support of repealing IRA's green new deal subsidies in reconciliation to pay for tax cuts. Signed a coalition letter regarding digital services taxes (DST) in an effort to stop Canadas imposition of a discriminatory digital services tax (DST) on U.S. firms and your efforts to include restrictions on the imposition of DSTs and other unfair digital policies in recently announced trade agreements-providing a model for future trade negotiations. Signed a coalition letter urging the President to index capital gains for inflation.

ILLINOIS ASSOCIATION OF SCHOOL BOARDS

$30,000

ENVIRONMENTAL LAW AND POLICY CENTER

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Regulatory Reversal Attempt

The document highlights an attempt to use the Congressional Review Act to reverse a CFPB rule change, reflecting ongoing tension over financial regulatory authority.

Connected Entities

personCory BookerSenator who moved to proceed to the resolution.Map →
otherEqual Credit Opportunity Act1974 legislation aimed at preventing credit discrimination.Map →
organizationBureau of Consumer Financial ProtectionThe federal agency that issued the rule regarding credit arrangements.Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy75
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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