John Reed (D-RI)
A 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 "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents".
A Democratic resolution with no cosponsors
Last activity — Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 48 - 52. Record Vote Number: 121. (consideration: CR S2264-2265)
Introduced, nothing more yet
Formally proposed, and not yet handed to a committee.
Nearly every bill is sent to a committee within days. Introduction alone is not a sign of support, of momentum, or of any likelihood of passing — any member may introduce any bill.
Its path through Congress
- Introduced
How Congress voted
- See who voted how →A vote on whether to start debating something · 05/13/2026
What this bill would do
This joint resolution aims to provide congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection. The rule in question relates to the withdrawal of a previous rule regarding "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents." If passed, this resolution would ensure that the Bureau's rule has no force or effect. The resolution was introduced by Mr. Reed and has been placed on the calendar.
Yes
No question was scored yes.
The opposite· 3 of 5
- Scored -3
Does this give people more protection from unfair business practices?
The resolution disapproves a rule intended to examine financial risks to active-duty servicemembers and their dependents, which reduces consumer protection oversight.
- Scored -2
Would households on low incomes be better off under this?
The reduction in financial risk examinations may negatively impact households that rely on consumer protection oversight.
- Scored -2
Would veterans be better off under this, taking everything together?
The resolution's disapproval of a rule targeting risks to active-duty servicemembers and their dependents could reduce protections for these individuals.
What Congress actually voted on
One recorded vote has been taken on this bill.
- The Senate: a vote on whether to start debating something This decides only whether the chamber takes the measure up at all. Nothing about the measure itself has been decided when it passes. Blocked 48 yes · 52 no
05/13/2026 · Roll call 121 · recorded as “On the Motion to Proceed S.J.Res. 132”
Who it would affect, and how
Potential Positive Impacts for People
The provided text does not contain information explaining the specific benefits or outcomes that would result from this disapproval.
Potential Negative Impacts for People
The provided text does not contain information explaining the specific burdens or negative consequences that would result from this disapproval.
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 households on low incomes be better off under this? — The reduction in financial risk examinations may negatively impact households that rely on consumer protection oversight. Would veterans be better off under this, taking everything together? — The resolution's disapproval of a rule targeting risks to active-duty servicemembers and their dependents could reduce protections for these individuals.
- Economy And Finance
- Does this give people more protection from unfair business practices? — The resolution disapproves a rule intended to examine financial risks to active-duty servicemembers and their dependents, which reduces consumer protection oversight.
- Governance And Ideology
- Does this give the federal government more power? — The resolution uses congressional disapproval to overturn a rule submitted by a federal agency, thereby limiting that agency's regulatory reach.
- National Security And Foreign Policy
- Does this increase the pay, pensions or support veterans receive? — By disapproving the rule regarding examinations for risks to active-duty servicemembers and their dependents, the resolution may reduce financial oversight intended to protect their interests.
- 5/13/2026
- Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 48 - 52. Record Vote Number: 121. (consideration: CR S2264-2265)
- 4/27/2026
- Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 388.
- 3/18/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate
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.