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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 2022-05: Debt Collection and Consumer Reporting Practices Involving Invalid Nursing Home Debts".

Bill Number
S.J.Res. 159
Origin Chamber
Senate
Congress
119th Congress, Session 2
Policy Area
Finance and Financial Sector
Status
Introduced
Latest Action
2026-04-13: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last Updated
2026-04-20T19:07:33Z

AI-Generated Summary

Purpose

This joint resolution (S.J. Res. 159) uses the Congressional Review Act (CRA)—a law allowing Congress to overturn certain federal agency rules—to block the Bureau of Consumer Financial Protection (CFPB, a government agency that protects consumers in financial matters) from withdrawing its earlier guidance document. The goal is to keep in place the CFPB's 2022 guidance on unfair debt collection practices related to invalid nursing home debts.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Padilla, Alex [D-CA]

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