Cleo Fields (D-LA)
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".
A Democratic resolution with no cosponsors
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This joint resolution seeks to overturn a specific rule from the Bureau of Consumer Financial Protection. The resolution aims to express congressional disapproval regarding the withdrawal of a rule. This rule is titled "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements." If passed, the specified rule would have no force or effect.
Yes· 3 of 9
- Scored +5
Does this give people more protection from unfair business practices?
The resolution prevents the withdrawal of rules that protect consumers from unfavorable changes to existing credit arrangements.
- Scored +4
Would households on low incomes be better off under this?
Protecting the terms of existing credit arrangements provides financial stability for low-income households.
- Scored +4
Would middle-income households be better off under this?
Preventing unfavorable changes to credit terms helps protect the assets and credit arrangements of middle-class families.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- No positive impacts are explicitly mentioned in the provided text.
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would Black Americans be better off under this? — Maintaining credit opportunity regulations helps protect against systemic disparities in financial terms. Would Hispanic Americans be better off under this? — The resolution supports credit stability which benefits Hispanic American households. Would households on low incomes be better off under this? — Protecting the terms of existing credit arrangements provides financial stability for low-income households. Would middle-income households be better off under this? — Preventing unfavorable changes to credit terms helps protect the assets and credit arrangements of middle-class families. Would women be better off under this? — Ensuring stable credit terms helps protect women's financial autonomy and stability.
- Social Issues And Justice
- Does this narrow the gap between how men and women are treated? — Ensuring protections against unilateral changes to credit terms supports gender equality in financial access. Does this narrow racial gaps in how people are treated? — Maintaining Equal Credit Opportunity protections helps prevent discriminatory credit practices that disproportionately affect minority communities.
- Economy And Finance
- Does this give people more protection from unfair business practices? — The resolution prevents the withdrawal of rules that protect consumers from unfavorable changes to existing credit arrangements.
- Governance And Ideology
- Does this give the federal government more power? — The resolution uses congressional authority to overturn a regulatory action by a federal agency.
- 4/30/2026
- Referred to the House Committee on Financial Services.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.