SJRES 130·Federal·senate
A joint resolution 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 withdrawal of the rule relating to "Consumer Financial Protection Circular 2024-05: Improper Overdraft Opt-In Practices".
IntroducedFiled Mar 18, 2026
Sponsor: Sen. Van Hollen, Chris [D-MD] (D)
Latest Action
Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 47 - 53. Record Vote Number: 123. (consideration: CR S2265-2266)
May 13, 2026
Summary
The Senate joint resolution seeks to use the Congressional Review Act to disapprove a CFPB rule that would withdraw the agency’s 2024 overdraft‑opt‑in regulation. If approved, the withdrawal would have no legal effect, keeping the original overdraft protections in place for consumers. The measure reflects congressional concern over changes to banking practices that could affect borrowers.
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