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 2024-03: Unlawful and Unenforceable Contract Terms and Conditions".
What Do You Think?
How would you vote?
Referandom Vote
Vote to see the result.
How Congress Voted
Failed in the SenateWhat Happened in Congress?
May 13, 2026
- SenateVote to take it up failed by voice vote
Where the Bill Stands
- Introduced, done
- Committee, done
- Floor Vote, done
- Outcome, shown after you vote
What This Bill Does
This joint resolution reinstates the Consumer Financial Protection Bureau’s (CFPB’s) guidance on unlawful and unenforceable contract terms published in a June 2024 circular. The circular states that consumer financial service providers that include unlawful or unenforceable terms in contracts with consumers (such as a contract that contains an unlawful waiver of the consumer’s right to sue) may be in violation of the Consumer Financial Protection Act's ban on deceptive acts or practices.
The CFPB withdrew this circular on May 12, 2025. This joint resolution disapproves of the rule that withdraws this circular.
Sponsors
Related Documents
Timeline
- SenateMotion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2270-2271)
- Failed in the Senate
- SenateSenate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
- Library of CongressIntroduced in Senate
- SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced
- Committee
Comments
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