hold on there's just too much going on in Congress lmao...
Blocks agency rule withdrawing consumer complaint data disclosure.
Sen. Warren (D-MA) introduced it.
Introduced in Senate, no vote yet.
This resolution uses the Congressional Review Act to prevent a specific action by the Bureau of Consumer Financial Protection (CFPB). It aims to disapprove the CFPB's decision to stop publicly disclosing consumer complaint data. Senator Elizabeth Warren, a Democrat from Massachusetts known for her work on consumer protection and a member of the Senate Banking Committee, introduced this measure. 'Introduced' means it's the very first step in the legislative process; it has a long way to go before potentially becoming law.
Introduced Apr 13, 2026
This joint resolution was introduced in the Senate on April 13, 2026. It has been referred to the Senate Committee on Banking, Housing, and Urban Affairs for review. For this resolution 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, the Bureau of Consumer Financial Protection's (CFPB) rule to stop disclosing consumer complaint data would be overturned. This means that the CFPB would continue to make public information about issues consumers have reported with banks, lenders, and other financial services. This continued transparency could help you make more informed decisions when choosing financial products or institutions, and it could keep pressure on companies to address consumer issues.
Supporters Say
Supporters believe this resolution is essential to maintain public access to information about financial company complaints.
Critics Say
Critics of this resolution (who supported the CFPB's withdrawal) might argue raw complaint data can be misleading.
Proponents of this resolution argue that keeping consumer complaint data public ensures accountability for financial institutions and empowers consumers with information. They see the CFPB's attempted withdrawal of this data as a step backward for transparency. Conversely, those who supported the CFPB's decision to withdraw the disclosure rule might contend that raw complaint data can be unverified, potentially misleading the public, or unfairly harming a company's reputation, and that the CFPB should have discretion in managing this information.