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 "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents".
Bill Summary
Repeals a rule that was meant to protect active-duty servicemembers and their families from financial risks, by allowing the Bureau of Consumer Financial Protection to stop examining these risks. Overturns the withdrawal of this consumer protection rule.
Sponsored By
Bill Journey
- May 7, 2026
- May 7, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects active-duty servicemembers and their families, potentially leaving them without a specific protection against financial risks. It could also impact the Bureau of Consumer Financial Protection's ability to regulate and oversee financial institutions that serve military personnel.
Impact Areas
Support & Opposition
- Democratic1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Economy
- Retail
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.