Legislative Activity

This joint resolution exercises congressional authority to disapprove a Bureau of Consumer Financial Protection rule that sought to withdraw requirements for large banks and credit unions regarding consumer information requests. By nullifying this withdrawal, the resolution ensures the original consumer information request rule remains in effect.

This joint resolution exercises congressional authority to disapprove a Bureau of Consumer Financial Protection rule that sought to withdraw the "Disclosure of Consumer Complaint Narrative Data." By nullifying this withdrawal, the resolution ensures that the original rule regarding the public disclosure of consumer complaint narratives remains in effect.

This joint resolution seeks to overturn a Bureau of Consumer Financial Protection rule that previously withdrew "Compliance Bulletin 2016-03." By disapproving this withdrawal, the resolution aims to reinstate the original guidance focused on detecting and preventing consumer harm caused by production incentives.

This joint resolution disapproves the Bureau of Consumer Financial Protection's rule concerning equal credit opportunity and discrimination based on sexual orientation and gender identity. By disapproving the rule, it is rendered without any legal force or effect.

This joint resolution seeks to exercise congressional disapproval of a recent Bureau of Consumer Financial Protection (CFP) rule that withdrew the "Procedures for Supervisory Designation Proceedings." If passed, this measure would nullify the CFP's withdrawal, effectively rendering the original procedural rule in full force and effect.

This joint resolution seeks to overturn a Consumer Financial Protection Bureau (CFPB) decision to withdraw "Bulletin 2022-04," which addresses the mitigation of harm during automobile repossessions. By disapproving this withdrawal, the resolution aims to nullify the CFPB's action and restore the original guidance provided in the bulletin.

This joint resolution exercises congressional disapproval to nullify a Bureau of Consumer Financial Protection (CFPB) rule that sought to rescind the registry for nonbank covered persons. By disapproving this withdrawal, the resolution ensures that the original rule establishing the Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders remains in full effect.

This joint resolution exercises congressional authority to disapprove a Bureau of Consumer Financial Protection rule that sought to withdraw guidance on deceptive representations regarding FDIC insurance. By nullifying this withdrawal, the resolution ensures that the original Consumer Financial Protection Circular 2022-02 remains in full effect.

This joint resolution exercises congressional authority to disapprove a rule issued by the Bureau of Consumer Financial Protection. By nullifying the Bureau's attempt to withdraw previous disclosure requirements, the resolution ensures that the original rules regarding the public disclosure of consumer complaint data remain in effect.

The Ultra-Millionaire Tax Act of 2026 establishes a new annual federal wealth tax on individuals and trusts with a net worth exceeding $50 million. The bill mandates strict reporting requirements, increases IRS enforcement and audit capacity, and authorizes $100 billion in funding for agency modernization and compliance. These measures aim to ensure accurate asset valuation and prevent tax avoidance by the nation's wealthiest taxpayers.

The Prioritizing the Warfighter in Defense Contracting Act of 2026 mandates that large defense contractors prioritize long-term performance over short-term financial gains. The bill prohibits these contractors from using short-term financial metrics to determine employee compensation, bans stock buy-backs and dividend distributions, and caps executive compensation. Additionally, it establishes strict compliance reporting and enforcement mechanisms, while allowing for performance-based waivers for contractors that consistently meet delivery and technical requirements.

This joint resolution exercises congressional authority to disapprove and nullify the National Credit Union Administration’s rule regarding the "Withdrawal of Fee Reporting Requirements." By blocking this rule, the resolution ensures that the existing fee reporting standards remain in effect.

This resolution honors the upcoming March 28, 2026, commissioning of the USS Massachusetts (SSN-798) and its crew, celebrating the vessel's role in continuing the Commonwealth’s proud naval legacy. Additionally, the bill establishes a temporary National Commission on the Future of the Army to conduct a comprehensive study and provide recommendations regarding the structure, force mixture, and operational capabilities of the U.S. Army.

The Failed Bank Executives Clawback Act mandates that executives and controlling stakeholders of large failed banks (with assets over $10 billion) return up to three years of compensation to the FDIC. This legislation ensures accountability by requiring recovered funds to be deposited into the Deposit Insurance Fund. Additionally, it clarifies the FDIC's authority to oversee the orderly liquidation of failed financial companies.

This bill strengthens the Foreign Corrupt Practices Act by extending the statute of limitations for prosecuting foreign bribery offenses from five years to ten years. This change provides authorities with more time to investigate and pursue complex international corruption cases.

The Supplemental Security Income (SSI) Restoration Act of 2026 aims to modernize and expand the SSI program by increasing income and resource limits, adjusting benefit amounts, and eliminating outdated penalties. The bill also simplifies eligibility rules, excludes specific assets like retirement accounts from calculations, and extends full SSI program coverage to U.S. territories.

The Stop Militarizing Our Streets Act of 2026 restricts the Department of Defense from conducting business with firearm and ammunition dealers who do not meet strict federal safety and compliance standards. The bill prohibits the government from purchasing from or selling to dealers who supply military-grade weapons to the commercial market or fail to adhere to rigorous security, recordkeeping, and background check requirements. By leveraging federal procurement power, the legislation aims to ensure that companies supplying the military also uphold high standards of public safety and accountability.

This joint resolution exercises congressional authority to disapprove the Office of the Comptroller of the Currency’s rule regarding the "Rescission of Principles for Climate-Related Financial Risk Management for Large Financial Institutions." By nullifying this rescission, the resolution prevents the rule from taking effect and ensures the original financial risk management principles remain in force.

This joint resolution disapproves a Department of Commerce rule that would have suspended the expansion of export controls targeting affiliates of certain listed entities. By disapproving the rule, Congress ensures that the expanded end-user controls remain in effect.

This joint resolution seeks to disapprove a recent rule issued by the Board of Governors of the Federal Reserve System concerning revisions to the rating system and supervision framework for large financial institutions and insurance organizations. If enacted, this resolution would nullify the specified rule, preventing it from taking legal effect.