hold on there's just too much going on in Congress lmao...
Blocks agency from dropping consumer bank data access rule.
Sen. Elizabeth Warren (D-MA) introduced it.
In committee, no Senate vote yet.
This resolution aims to prevent the Bureau of Consumer Financial Protection (BCFP) from withdrawing a rule that requires large banks and credit unions to provide consumer financial information upon request. Senator Elizabeth Warren, a Democrat from Massachusetts, introduced this bill. It is currently being reviewed by the Senate Banking Committee, meaning it has not yet been voted on by the full Senate.
Introduced Apr 13, 2026
This bill, S.J. Res. 167, was introduced in the Senate on April 13, 2026, by Senator Elizabeth Warren. It has been referred to the Senate Committee on Banking, Housing, and Urban Affairs for consideration. For it to become law, it must pass both the Senate and the House of Representatives and then be signed by the President.
If this resolution passes, consumers would likely retain their existing right to easily request their financial data from large banks and credit unions. This is because the bill blocks a federal agency's attempt to remove a rule that requires these institutions to share customer information. Ultimately, it would uphold regulations designed to give individuals more control over their own financial data.
Supporters Say
Say it ensures consumers can access their financial data from big banks.
Critics Say
May argue it interferes with agency authority or regulatory flexibility.
Those in favor would likely argue it's vital for consumer empowerment and transparency, ensuring people control their financial information. Opponents might argue that Congress is overstepping by preventing an agency from adjusting its regulations, potentially leading to outdated rules.