US Federal 2025-2026 Regular Session

US Federal House Bill HR294

Caption

Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions"; providing for consideration of the joint resolution (S.J. Res. 28) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications"; providing for consideration of the bill (H.R. 1526) to amend title 28, United States Code, to limit the authority of district courts to provide injunctive relief, and for other purposes; providing for consideration of the bill (H.R. 22) to amend the National Voter Registration Act of 1993 to require proof of United States citizenship to register an individual to vote in elections for Federal office, and for other purposes; and for other purposes.

Impact

The implications of HR294 are significant as it aligns with broader legislative efforts to reshape the regulatory landscape for financial institutions operating in consumer spaces. The intent behind disapproving certain Bureau of Consumer Financial Protection rules is to provide financial institutions with more operational freedom, potentially increasing their profitability but also sparking concerns over consumer rights and protections. The changes may lead to a financial environment with fewer regulatory constraints, thereby affecting consumers' access to financial services.

Summary

House Resolution 294 addresses multiple legislative resolutions concerning consumer financial protections and voter registration processes. It sets the stage for the consideration of two joint resolutions that disapprove rules from the Bureau of Consumer Financial Protection, one regarding overdraft lending practices of large financial institutions and another focused on defining larger participants in the digital consumer payment application market. Furthermore, HR294 provides for considerations related to H.R. 1526, which seeks to limit the authority of district courts concerning injunctive relief, and H.R. 22, which proposes requiring proof of citizenship for voter registration in federal elections.

Sentiment

The sentiment around HR294 is mixed, with proponents viewing the resolution as a necessary step towards deregulating overly stringent rules that restrict financial institutions and complicate their operations. In contrast, critics identify a risk in loosening regulations, arguing that it could endanger consumer protections and lead to heightened vulnerabilities, particularly for disadvantaged populations who may rely on these financial services. The debate thus reflects deeper ideological divides regarding the role of government in regulating private financial enterprises.

Contention

Notably, the bill prompts contention over issues of consumer protection versus corporate freedom. Opponents of the joint resolutions are particularly concerned that the disapproval of existing regulations could exacerbate issues such as overdraft fees and unregulated digital payment practices, which many argue disproportionately affect low-income consumers. Furthermore, the proposal to require proof of citizenship for voter registration has raised alarms about potential disenfranchisement, indicating that while some measures aim to bolster security and accountability, they could also hinder access to fundamental democratic processes.

Congress_id

119-HRES-294

Policy_area

Congress

Introduced_date

2025-04-07

Companion Bills

US HB22

Related SAVE Act Safeguard American Voter Eligibility Act

US SJR18

Related A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".

US HB1526

Related No Rogue Rulings Act or NORRAThis bill limits the authority of federal district courts to issue injunctions.Specifically, it prohibits a district court from issuing an injunction unless the injunction applies only to the parties of the particular case before the court.

US SJR28

Related A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

US HR282

Related Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions''; providing for consideration of the joint resolution (S.J. Res. 28) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ''Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications''; providing for consideration of the bill (H.R. 1526) to amend title 28, United States Code, to limit the authority of district courts to provide injunctive relief, and for other purposes; providing for consideration of the bill (H.R. 22) to amend the National Voter Registration Act of 1993 to require proof of United States citizenship to register an individual to vote in elections for Federal office, and for other purposes; and for other purposes.

US HR287

Related Providing for the consideration of S.J. Res. 18, S.J. Res 24, H.R. 1526, and H.R. 22.

US HR293

Related Providing for the announcement of pairs from a written list furnished to the Clerk, and for other purposes.

Previously Filed As

US HR282

Providing for consideration of the joint resolution (S.J. Res. 18) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions''; providing for consideration of the joint resolution (S.J. Res. 28) disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ''Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications''; providing for consideration of the bill (H.R. 1526) to amend title 28, United States Code, to limit the authority of district courts to provide injunctive relief, and for other purposes; providing for consideration of the bill (H.R. 22) to amend the National Voter Registration Act of 1993 to require proof of United States citizenship to register an individual to vote in elections for Federal office, and for other purposes; and for other purposes.

US SJR28

A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

US SJR18

A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".

US HR122

Providing for consideration of the bill (H.R. 77) to amend chapter 8 of title 5, United States Code, to provide for en bloc consideration in resolutions of disapproval for "midnight rules", and for other purposes.

US HJR64

Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

US HJR59

Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".

US HR879

Providing for consideration of the joint resolution (S.J. Res. 80) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Land Management relating to ''National Petroleum Reserve in Alaska Integrated Activity Plan Record of Decision''; providing for consideration of the joint resolution (H.J. Res. 130) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Land Management relating to ''Buffalo Field Office Record of Decision and Approved Resource Management Plan Amendment''; providing for consideration of the joint resolution (H.J. Res. 131) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Land Management relating to ''Coastal Plain Oil and Gas Leasing Program Record of Decision''; providing for consideration of the concurrent resolution (H. Con. Res. 58) denouncing the horrors of socialism; providing for consideration of the bill (H.R. 1949) to repeal restrictions on the export and import of natural gas; providing for consideration of the bill (H.R. 3109) to require the Secretary of Energy to direct the National Petroleum Council to issue a report with respect to petrochemical refineries in the United States, and for other purposes; providing for consideration of the bill (H.R. 5107) to repeal the Comprehensive Policing and Justice Reform Amendment Act of 2022 enacted by the District of Columbia Council; providing for consideration of the bill (H.R. 5214) to require mandatory pretrial and post conviction detention for crimes of violence and dangerous crimes and require mandatory cash bail for certain offenses that pose a threat to public safety or order in the District of Columbia, and for other purposes; and for other purposes.

US HR211

Providing for consideration of the joint resolution (H.J. Res. 25) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"; providing for consideration of the bill (H.R. 1156) to amend the CARES Act to extend the statute of limitations for fraud under certain unemployment programs, and for other purposes; providing for consideration of the bill (H.R. 1968) making further continuing appropriations and other extensions for the fiscal year ending September 30, 2025, and for other purposes; and for other purposes.

US HR731

Providing for consideration of the bill (H.R. 155) to require States to permit unaffiliated voters to vote in primary elections for Federal office, and for other purposes.

US HR405

Providing for consideration of the bill (H.R. 2240) to require the Attorney General to develop reports relating to violent attacks against law enforcement officers, and for other purposes; providing for consideration of the bill (H.R. 2243) to amend title 18, United States Code, to improve the Law Enforcement Officer Safety Act and provisions relating to the carrying of concealed weapons by law enforcement officers, and for other purposes; and providing for consideration of the bill (H.R. 2255) to allow Federal law enforcement officers to purchase retired service weapons, and for other purposes.

Similar Bills

No similar bills found.