Bills · SJRES 153
IN COMMITTEE· 119TH CONGRESS
Senate Joint Res.SJRES 153Finance and Financial Sector
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 2022-06: Unfair Returned Deposited Item Fee Assessment Practices".
This bill stops the government from removing a consumer protection that prevents banks from charging people fees when they deposit a check that someone else wrote with no money in their account.AI-written
INTRO MAR 26· LAST ACTION MAR 26
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tl;dr
AI-writtenBlocks the CFPB from cancelling consumer protections that prevent banks from charging customers fees when a check they deposit bounces due to someone else's insufficient funds.
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenMost people find it unfair to be penalized when someone else writes them a bad check. This bill is part of a larger debate over 'junk fees'—hidden or unexpected charges that add up for consumers. If this bill becomes law, the government's stance that these fees are 'unfair' remains solid. If it doesn't pass, the government will have successfully rolled back that protection, making it easier for banks to resume charging these fees without facing legal consequences from the CFPB.
KEY PROVISIONS
3AI-extractedPROVISION 01
Disapproves the CFPB rule that withdrew previous consumer guidance on returned deposit fees.
This acts as a 'veto' on the agency's decision to stop protecting consumers from these specific bank charges.
PROVISION 02
Invokes the Congressional Review Act (CRA) to nullify the agency's action.
Using the CRA not only cancels the current rule but also prevents the agency from issuing a 'substantially similar' rule in the future without a new law.
PROVISION 03
Reinstates the force of 'Bulletin 2022-06' regarding unfair fee practices.
It ensures that the 2022 policy, which labeled these fees as generally illegal, remains the active standard for bank oversight.
SPONSORSHIP
1 + 0
D· New Mexico
YRS IN OFFICE
17
BILLS LED
86
ACTION TIMELINE
2 EVENTSMAR 26
Introduced in Senate
MAR 26
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
BILL INFO
TypeSenate Joint Resolution
NumberSJRES 153
Congress119th
StatusIn Committee
IntroducedMar 26, 2026
Last actionMar 26, 2026
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IN COMMITTEE· 119TH CONGRESS · BANKING, HOUSING, AND URBAN AFFAIRS COMMITTEE · INTRODUCED MAR 26, 2026
Senate Joint Res.SJRES 153Finance and Financial Sector
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 2022-06: Unfair Returned Deposited Item Fee Assessment Practices".
This bill stops the government from removing a consumer protection that prevents banks from charging people fees when they deposit a check that someone else wrote with no money in their account.AI-written
INTRODUCED MAR 26, 2026· LAST ACTION MAR 26, 2026
PASSAGE CHANCES
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READING
1 min
