A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Regulatory Capital Rule: Modifications to the Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Their Subsidiary Depository Institutions; Total Loss-Absorbing Capacity and Long-Term Debt Requirements for U.S. Global Systemically Important Bank Holding Companies".

This joint resolution was introduced in the Senate on March 4, 2026, and referred to the Senate Committee on Banking, Housing, and Urban Affairs. For it to become law, it must pass both the Senate and the House of Representatives, and then be signed by the President. If passed, the disapproved Treasury rule would have no legal force.

Should this bill pass and become law, the specific modifications to capital standards for the largest U.S. banks, as outlined in the Treasury rule, would not happen. This also means that any new requirements for these banks to hold a certain level of total loss-absorbing capacity and long-term debt would not be put into place. Essentially, the regulatory landscape for these major financial institutions would remain as it was before the Treasury Department's proposed changes.

Supporters of the bill would likely argue that the Treasury Department's intended modifications to bank capital standards are either insufficient, misguided, or potentially harmful to the financial system. They would aim to prevent these changes from altering current regulations. Critics, on the other hand, would contend that the Treasury rule introduces necessary updates or improvements to how major banks manage risk and that allowing Congress to block it undermines expert regulatory efforts.