Senate Bill 32 - 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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

Purpose and Summary

Chamber: Senate

Introduced date: 2023-06-13

Recent Activity

Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.

Alternative Names

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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

Associated Legislation

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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

Providing for consideration of the bill (H.R. 5283) to prohibit the use of Federal funds to provide housing to specified aliens on any land under the administrative jurisdiction of the Federal land management agencies; providing for consideration of the bill (H.R. 5961) to freeze certain Iranian funds involved in the 2023 hostage deal between the United States and Iran, and for other purposes; and providing for consideration of the joint resolution (S. J. Res. 32) 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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

Policy Areas

Finance and Financial Sector

Potential Impact

Banking and financial institutions regulation

Congressional-executive branch relations

Consumer Financial Protection Bureau

Credit and credit markets

Small business

Sponsors and Supporters

Sen. Kennedy, John [R-LA]

Cosponsors and Supporters

Sen. Lummis, Cynthia M. [R-WY]

Sen. Fischer, Deb [R-NE]

Sen. Cramer, Kevin [R-ND]

Sen. Risch, James E. [R-ID]

Sen. Crapo, Mike [R-ID]

Sen. Cassidy, Bill [R-LA]

Sen. Scott, Tim [R-SC]

Sen. Daines, Steve [R-MT]

Sen. Vance, J. D. [R-OH]

Sen. Thune, John [R-SD]

Sen. Hyde-Smith, Cindy [R-MS]

Sen. Barrasso, John [R-WY]

Sen. Wicker, Roger F. [R-MS]

Sen. Rubio, Marco [R-FL]

Sen. Lee, Mike [R-UT]

Sen. Moran, Jerry [R-KS]

Sen. Lankford, James [R-OK]

Sen. Scott, Rick [R-FL]

Sen. Budd, Ted [R-NC]

Sen. Boozman, John [R-AR]

Sen. Tillis, Thomas [R-NC]

Sen. Marshall, Roger [R-KS]

Sen. Britt, Katie Boyd [R-AL]

Sen. Hagerty, Bill [R-TN]

Sen. Braun, Mike [R-IN]

Sen. Cornyn, John [R-TX]

Sen. Ernst, Joni [R-IA]

Sen. Capito, Shelley Moore [R-WV]

Sen. Ricketts, Pete [R-NE]

Sen. Hawley, Josh [R-MO]

Sen. Blackburn, Marsha [R-TN]

Sen. Schmitt, Eric [R-MO]

Sen. Cotton, Tom [R-AR]

Sen. Grassley, Chuck [R-IA]

Sen. McConnell, Mitch [R-KY]

Sen. Johnson, Ron [R-WI]

Sen. Tuberville, Tommy [R-AL]

Sen. Hoeven, John [R-ND]

Sen. Romney, Mitt [R-UT]

Sen. Mullin, Markwayne [R-OK]

Sen. Young, Todd [R-IN]

Sen. Rounds, Mike [R-SD]

Sen. Cruz, Ted [R-TX]

Sen. Sullivan, Dan [R-AK]

Sen. Graham, Lindsey [R-SC]

Committees and Subcommittees

Banking, Housing, and Urban Affairs Committee

Variations and Revisions

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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

3/12/2024, 7:25 PM

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Small Business Lending under the Equal Credit Opportunity Act (Regulation B) and published on May 31, 2023. The rule requires financia...

Congress
118

Number
SJRES - 32

Introduced on
2023-06-13

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Small Business Lending under the Equal Credit Opportunity Act (Regulation B) and published on May 31, 2023. The rule requires financia...

Alternative Names
Official Title as IntroducedA 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 "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

Policy Areas
Finance and Financial Sector

Potential Impact
Banking and financial institutions regulation•
Congressional-executive branch relations•
Consumer Financial Protection Bureau•
Credit and credit markets•
Small business

Comments

Recent Activity

Latest Summary10/30/2023

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Small Business Lending under the Equal Credit Opportunity Act (Regulation B) and published on May 31, 2023. The rule requires financia...


Latest Action1/10/2024
Failed of passage in Senate over veto by Yea-Nay Vote. 54 - 45. Record Vote Number: 5.