Mark Warner (D-VA)

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 "Consumer Financial Protection Circular 2024-04: Whistleblower Protections Under CFPA Section 1057".

S.J.Res. 135 · Senate resolution Finance and Financial Sector

A Democratic resolution with no cosponsors

Last activity — Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2272)

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

  1. Introduced

What this bill would do

This joint resolution seeks to express congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection. The rule in question involves the withdrawal of a previous rule regarding "Consumer Financial Protection Circular 2024-04: Whistleblower Protections Under CFPA Section 1057." If passed, the resolution dictates that the Bureau's rule shall have no force or effect.

Yes

No question was scored yes.

The opposite· 3 of 5

  • Scored -5

    Does this give people more protection from unfair business practices?

    The resolution nullifies a circular meant to bolster whistleblower protections, which may reduce consumer financial protections against unfair practices.

  • Scored -4

    Would union members be better off under this?

    The withdrawal of whistleblower protection guidelines can weaken the ability of employees to report financial irregularities safely.

  • Scored -3

    Would households on low incomes be better off under this?

    Weakening whistleblower protections for financial issues can negatively impact low-income consumers who rely on regulatory oversight.