H.J.Res. 164House119th Congress (2025-2027)In Committee

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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".

Introduced April 30, 2026

AI-Generated Summary

Updated May 4, 2026 at 1:52 PM UTC

This joint resolution asks Congress to block a rule the Consumer Financial Protection Bureau (CFPB) submitted that would withdraw a part of Regulation B covering equal credit opportunity, specifically rules about revoking or making existing credit terms less favorable. By disapproving the rule, the resolution would keep the current protections in place for borrowers and would affect lenders who must follow Regulation B.

Key Provisions

  • Congress formally disapproves the CFPB’s rule that seeks to withdraw the Regulation B provision on revocations or unfavorable changes to existing credit arrangements.
  • The disapproved rule is declared to have no legal force or effect.

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Referred to the House Committee on Financial Services.

April 30, 2026

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HouseIntro Referral

Introduced in House

April 30, 2026

HouseIntro Referral

Referred to the House Committee on Financial Services.

April 30, 2026

Bill Text

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Introduced in HouseIssued April 30, 2026

IA

119th CONGRESS

2d Session

H. J. RES. 164

IN THE HOUSE OF REPRESENTATIVES

April 30, 2026

Mr. Fields submitted the following joint resolution; which was referred to the Committee on Financial Services

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 Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements.

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements (87 Fed. Reg. 30097 (May 18, 2022)) (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.