SJRES 125 Advanced toward a vote

Declares that the Consumer Financial Protection Bureau's withdrawal of its rule on debt collection pay-to-pay fees has no force or effect.

Official title: 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 "Debt Collection Practices (Regulation F); Pay-to-Pay Fees".

Next stop Senate floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

Senate

Introduced 17-MAR-2026

Referred 17-MAR-2026

On the calendar 27-APR-2026

Key points

Disapproves under chapter 8 of title 5, United States Code, the Bureau's withdrawal of its Regulation F rule on pay-to-pay fees, published at 90 Fed. Reg. 20084 (May 12, 2025).
Provides that the withdrawal has no force or effect.
Refers to the original rule on pay-to-pay fees, published at 87 Fed. Reg. 39733 (July 5, 2022).

AI-generated from the Placed on Calendar Senate text of 27-APR-2026 · verify · report an error

Official CRS summary

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Committee referrals (1)

Banking, Housing, and Urban Affairs Committee (Senate)

Policy area

Finance and Financial Sector

Sponsor Angela D. Alsobrooks (D-MD) Cosponsors · 0

No cosponsors.

congress.gov page Placed on Calendar Senate (27-APR-2026) Introduced in Senate (17-MAR-2026)