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 "Disclosure of Consumer Complaint Narrative Data".
Consumer Protection: Publishing Bank Complaint Stories
This bill is currently in the early stages of the legislative process. It was recently introduced and sent to the Senate Committee on Banking, Housing, and Urban Affairs for review. There are no upcoming votes scheduled at this time.
Part of: story →Legislative Progress
This resolution tries to undo a recent agency decision. It is unlikely to get enough votes to pass both chambers of Congress or get signed into law.
Key Points
- This proposal would force the government to start publishing the personal stories people write when they complain about banks and financial companies.
- In 2025, the Consumer Financial Protection Bureau decided to stop sharing these detailed stories in their public database.
- Sen. Warren wants to cancel that decision so that customers can see what others are saying about financial businesses before they sign up for a service.
- If this passes, the agency would have to go back to its old way of doing things and make these stories public again to help people spot patterns of bad behavior.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
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.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation 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 "Disclosure of Consumer Complaint Narrative Data".
Data Sources
Sponsor
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