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 the withdrawal of the rule relating to "Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work".

5/14/2026, 6:27 PM

Summary of Bill SJRES 156

The bill, designated as S.J.Res. 156 in the 119th Congress, is a joint resolution aimed at providing congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection concerning the withdrawal of the rule related to "Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work." The purpose of the bill is likely to challenge or reverse the regulatory decision made by the Bureau of Consumer Financial Protection regarding consumer credit practices under the Truth in Lending Act.

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Current Status of Bill SJRES 156

Bill SJRES 156 is currently in the status of Bill Introduced since March 26, 2026. Bill SJRES 156 was introduced during Congress 119 and was introduced to the Senate on March 26, 2026. Bill SJRES 156's most recent activity was Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2270) as of May 13, 2026

Bipartisan Support of Bill SJRES 156

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill SJRES 156

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill SJRES 156

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 the withdrawal of the rule relating to "Truth in Lending (Regulation Z); Consumer Credit Offered to Borrowers in Advance of Expected Receipt of Compensation for Work".

Comments

Julio Ellington

1,187

5 months ago

I can't believe they're trying to pass this bill! It's going to hurt consumers like me who rely on protections like "Truth in Lending" to make informed financial decisions. This is just another example of big corporations putting profits over people. We need to stand up and fight against this injustice!