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BillSJRES 132 · 119

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 "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents".

Introduced
Mar 18, 2026
Cosponsors
0
Traction
0
Last Action
May 13, 2026

Bill Summary

Repeals a rule that removed certain protections for active-duty servicemembers and their families from financial risks. Requires the Bureau of Consumer Financial Protection to reinstate these protections.

Sponsored By

Jack Reed
Democrat · Rhode Island · Senate

Bill Journey

  1. Mar 18, 2026
  2. May 13, 2026You Are Here

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  3. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  4. 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 covered dependents, potentially restoring protections from financial risks that were previously removed. It may also impact the Bureau of Consumer Financial Protection by requiring them to reinstate these protections.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Democratic1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMoney & Economy
CommitteeSenate Committee (sample)Sample
IntroducedMar 18, 2026
Last UpdatedMay 13, 2026
Latest ActionMotion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 48 - 52. Record Vote Number: 121. (consideration: CR S2264-2265)
Subjects
  • 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.