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”.
Key claim: S.J.Res. 162 would disapprove under the Congressional Review Act the CFPB rule withdrawing Bulletin 2015-07 on in-person collection of consumer debt.
Abstract
(SJRES162 · 119th Congress) Latest action (2026-04-13): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Why this matters
S.J.Res. 162 is part of a broader series of CRA joint resolutions targeting the current CFPB’s rollback of Obama- and Biden-era consumer-finance guidance, following the same procedural template as S.J.Res. 148, 141, 129, 146, 153, 156, 125, and 155. For debt collectors and consumers, the practical stake is whether the 2015-07 in-person collection standards remain withdrawn (current CFPB posture) or are restored by operation of the CRA. The resolution’s introduction signals continued congressional contestation of CFPB deregulatory actions but faces the usual CRA hurdles of bicameral passage and presidential signature.