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 2023-01: Unfair Billing and Collection Practices After Bankruptcy Discharges of Certain Student Loan Debts".
Sponsored by Hirono, Mazie K. (Democrat-HI) · Senate · Introduced Mar 26, 2026
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Plain-English Summary (AI-assisted)
This bill would block the Consumer Financial Protection Bureau (CFPB) from withdrawing a 2023 guidance document that protects borrowers whose student loan debts have been discharged in bankruptcy. The measure uses a congressional disapproval process to overturn the CFPB's decision to withdraw this consumer protection guidance.
Legislative Status Timeline
Introduced
Mar 26, 2026
In Committee
Mar 26, 2026
Passed House
Pending
Passed Senate
Pending
Presidential Action
Pending
Sponsor
Hirono, Mazie K.
Independent · HI
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