A joint resolution providing for congressional disapproval under...
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 "Bulletin 2015-07 re: in-person collection of consumer debt".
This bill, SJR162, aims to disapprove a rule by the Bureau of Consumer Financial Protection. This rule involves the withdrawal of "Bulletin 2015-07," which dealt with the in-person collection of consumer debt. The bill seeks to halt this rule under the congressional review process outlined in U.S. law.
If passed, this bill would affect consumers and debt collection agencies. Consumers might see changes in how their debts are collected in person, while debt collectors would need to adapt to new rules or the lack thereof. This could impact their practices and operations.
The bill was introduced on April 13, 2026, and has been referred to the Senate Committee on Banking, Housing, and Urban Affairs. As of now, it is in the early stages of the legislative process, having been read twice and referred for further review. There have been no significant actions or decisions made on this bill yet.
