Congress·In Committee·S.J.Res. 175

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 2022-02: Deceptive Representations Involving the FDIC's Name or Logo or Deposit Insurance".

Banking: Protecting the FDIC Name and Logo

Apr 13·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 was introduced in the Senate and sent to the 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 proposal uses a special law to try and reverse a decision made by a government agency. These types of actions usually struggle to pass unless one party has a very large majority in Congress.

Key Points

Warren introduced a plan to bring back rules that stop companies from lying about being insured by the government. The Bureau of Consumer Financial Protection recently canceled a policy that helped punish businesses for using the FDIC name or logo in a misleading way.
The FDIC is the agency that protects your money if a bank fails. Some companies use the FDIC logo to make people think their money is safe when it is actually at risk. This proposal would make it easier for the government to stop these businesses from tricking customers.
This matters because many people trust the FDIC logo when choosing where to put their savings. Without these rules, it could be harder to stop scammers from using that trust to steal money or promote risky investments that are not actually protected by the government.

Impact Analysis

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

Milestones

2 milestones2 actions

Apr 13, 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.

Apr 13, 2026

Introduced in Senate

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

No votes, news coverage, or related bills 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 "Consumer Financial Protection Circular 2022-02: Deceptive Representations Involving the FDIC's Name or Logo or Deposit Insurance".

Bill NumberSJRES 175

Congress119th Congress

ChamberSenate

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

Data Sources

Congress.gov

Official legislative information

Read Full Bill Text

Sponsor

Analysis generated by AI. Always verify with official sources.