Congress·In Committee·S.J.Res. 157

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 "Bulletin 2012-04: Lending discrimination (April 18, 2012)".

Lending Discrimination: Protecting Fair Lending Rules

Mar 26·View on Congress.gov·Read full text

Next up: A senate committee

This bill is currently in the early stages of the legislative process. It has been sent to the Senate Committee on Banking, Housing, and Urban Affairs for review. No further actions are scheduled at this time.

Legislative Progress

Senate

House

President

Law

Unlikely to pass

This type of resolution usually requires a majority in both chambers and is often used as a political statement rather than a successful legislative path.

Key Points

This resolution would stop a recent decision by the Bureau of Consumer Financial Protection to cancel older rules meant to prevent lending discrimination.
The original 2012 rules were designed to make sure banks and other lenders do not treat people differently based on race, religion, or other protected characteristics when they apply for loans.
If this resolution passes, the government's attempt to get rid of those 2012 rules would be blocked, and the protections would stay in place.
This matters to everyday Americans because it affects how the government monitors banks to ensure everyone gets a fair chance at a loan or credit card without being treated unfairly.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

Mar 26, 2026Senate

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

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Mar 26, 2026

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

No votes or news coverage recorded for this bill yet.

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 "Bulletin 2012-04: Lending discrimination (April 18, 2012)".

Bill NumberSJRES 157

Congress119th Congress

ChamberSenate

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

Data Sources

Congress.gov

Official legislative information

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Sponsor

Analysis generated by AI. Always verify with official sources.