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Senate Joint Resolution

S.J.Res. 128

119th Congress

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 2024-03: Unlawful and Unenforceable Contract Terms and Conditions".

Motion to proceed to consideration of measure rejected in Senate by Voice Vote.
Introduced:May 13, 2026

Primary Sponsor

Catherine Cortez Masto

D - NV

Cosponsors

0

Quick Stats

Policy Area

Finance and Financial Sector

Latest Action

Motion to proceed to consideration of measure rejected in Senate by Voice Vote.

Introduced5/13/2026
StatusMotion to proceed to consideration of measure rejected in Senate by Voice Vote.
ChamberSenate
Data from Congress.gov

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<p>This joint resolution reinstates the Consumer Financial Protection Bureau’s (CFPB’s) guidance on unlawful and unenforceable contract terms published in a June 2024 circular. The circular states that consumer financial service providers that include unlawful or unenforceable terms in contracts with consumers (such as a contract that contains an unlawful waiver of the consumer’s right to sue) may be in violation of the Consumer Financial Protection Act's ban on deceptive acts or practices.</p><p>The&nbsp;CFPB withdrew this circular on May 12, 2025. This joint resolution disapproves of the rule that withdraws this circular.</p>

Bill Number
128
Introduced
5/13/2026
Status
Motion to proceed to consideration of measure rejected in Senate by Voice Vote.
Policy Area
Finance and Financial Sector

Data from Congress.gov

Fact Sheet

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 "Consumer Financial Protection Circular 2024-03: Unlawful and Unenforceable Contract Terms and Conditions".
Bill Number
128
Sponsor
No sponsor
Status
Motion to proceed to consideration of measure rejected in Senate by Voice Vote.
Introduced
5/13/2026
Summary
<p>This joint resolution reinstates the Consumer Financial Protection Bureau’s (CFPB’s) guidance on unlawful and unenforceable contract terms published in a June 2024 circular. The circular states that consumer financial service providers that include unlawful or unenforceable terms in contracts wit

Data from Congress.gov

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