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Congress·In Committee·S.J.Res. 135

Financial Industry Whistleblower Protections

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 "Consumer Financial Protection Circular 2024-04: Whistleblower Protections Under CFPA Section 1057".

Legislative Progress

Senate
House
President
Law

Key Points

  • This resolution would stop the Consumer Financial Protection Bureau (CFPB) from canceling certain protections for whistleblowers. It ensures that workers in the financial industry can still report their employers for breaking the law without being punished.
  • The action targets a specific agency decision from May 2025 that tried to take away guidance on how to protect these workers. By blocking that decision, Congress would keep the original safety rules in place for people who speak out against corporate wrongdoing.
  • This is important because whistleblowers help uncover fraud, illegal fees, and other practices that can hurt regular people's bank accounts. Protecting these workers makes it easier for the government to catch companies that are cheating their customers.

Milestones

2 milestones2 actions
Mar 19, 2026Senate

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Mar 19, 2026

Introduced in Senate

Source Information

Document Type

Congressional Bill

Official Title

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 "Consumer Financial Protection Circular 2024-04: Whistleblower Protections Under CFPA Section 1057".

Bill NumberSJRES 135
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

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