CFPB Bulletin 2012-04 Lending Discrimination Withdrawal (CRA Disapproval)
Current understanding
S.J.Res. 157 is a Congressional Review Act joint resolution that would disapprove the Consumer Financial Protection Bureau’s rule withdrawing Bulletin 2012-04, which had articulated the CFPB’s approach to ECOA disparate-impact liability in indirect auto lending (including dealer markup practices). If enacted, the disapproval would nullify the withdrawal and restore the bulletin’s guidance, and would bar the CFPB from issuing a substantially similar rescission in the future. Practical effect on affected groups: potentially strengthens fair-lending protections for minority borrowers in auto and indirect lending markets by reinstating supervisory guidance on discrimination detection; status is introduced.
Evidence log
Open questions
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Contributing findings
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 2012-04: Lending discrimination (April 18, 2012)".
26-mar-2026
novelty 2
per-area 2
introduces