A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations".

#111 | SJRES Congress #119

Subjects:

Last Action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (3/4/2026)

Bill Text Source: Congress.gov

Summary and Impacts
Original Text
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S.J. Res. 111 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
S. J. RES. 111

  Providing for congressional disapproval under chapter 8 of title 5, 
United States Code, of the rule submitted by the Board of Governors of 
    the Federal Reserve System relating to ``Revisions to the Large 
 Financial Institution Rating System and Framework for the Supervision 
                     of Insurance Organizations''.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 4, 2026

 Ms. Warren introduced the following joint resolution; which was read 
  twice and referred to the Committee on Banking, Housing, and Urban 
                                Affairs

_______________________________________________________________________

                            JOINT RESOLUTION


 
  Providing for congressional disapproval under chapter 8 of title 5, 
United States Code, of the rule submitted by the Board of Governors of 
    the Federal Reserve System relating to ``Revisions to the Large 
 Financial Institution Rating System and Framework for the Supervision 
                     of Insurance Organizations''.

    Resolved by the Senate and House of Representatives of the United 
States of America in Congress assembled, That Congress disapproves the 
rule submitted by the Department of the Treasury relating to 
``Revisions to the Large Financial Institution Rating System and 
Framework for the Supervision of Insurance Organizations'' (90 Fed. 
Reg. 51329 (November 17, 2025)), and such rule shall have no force or 
effect.
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