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 "Debt Collection Practices (Regulation F); Pay-to-Pay Fees".
Summary
What This Bill Does
S.J.Res.125 is a Congressional Review Act resolution aimed at the Bureau of Consumer Financial Protection's May 12, 2025 withdrawal of the earlier Regulation F pay-to-pay fees rulemaking. The one operative sentence disapproves the CFPB rule withdrawing the July 5, 2022 debt-collection pay-to-pay fee rule and states that the withdrawal rule shall have no force or effect. The practical stakes are about whether the CFPB can abandon that debt-collection fee rule or whether Congress will block the withdrawal and keep pressure on the agency to maintain the earlier consumer-protection approach.
Who Benefits and How
Consumers contacted by debt collectors benefit if disapproval keeps the CFPB from withdrawing limits or restrictions tied to pay-to-pay fee practices. Consumer advocates benefit because the resolution supports continued federal scrutiny of fees charged for making debt payments by phone, online, or other channels. Members of Congress favoring stronger debt-collection rules benefit because the CRA resolution gives them a direct tool to reverse the CFPB withdrawal rule. State consumer-protection offices benefit from a clearer federal posture if the withdrawal rule is nullified.
Who Bears the Burden and How
Debt collectors that charge pay-to-pay fees bear regulatory risk if the withdrawal rule is disapproved and the earlier Regulation F approach remains politically or legally active. The Bureau of Consumer Financial Protection must account for congressional disapproval and may be constrained from issuing a substantially similar withdrawal rule. Debt-collection payment vendors may face compliance costs if fee practices remain subject to CFPB restrictions. Creditors using third-party collectors may bear operational and contract costs if payment-fee models must change.
Key Provisions
- Provides Congressional Review Act disapproval of the CFPB withdrawal rule on Regulation F pay-to-pay fees.
- Blocks the withdrawal rule by declaring that it shall have no force or effect.
- Targets the May 12, 2025 Federal Register withdrawal of the July 5, 2022 debt-collection pay-to-pay fees rule.
- Restricts CFPB discretion by using CRA consequences for rules Congress disapproves.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
Would use the Congressional Review Act to disapprove the CFPB withdrawal of the Regulation F pay-to-pay fees debt-collection rule, causing that withdrawal rule to have no force or effect.
Key Policy Areas
Consumer Finance, Debt Collection, Administrative Law
Primary Purpose
Would use the Congressional Review Act to disapprove the CFPB withdrawal of the Regulation F pay-to-pay fees debt-collection rule, causing that withdrawal rule to have no force or effect.
Policy Domains
Bill provisions
Identified Gains
Contextual inference, no direct clause citation- Consumers contacted by debt collectors
- Consumer advocates
- Members of Congress favoring debt-collection rules
- State consumer-protection offices
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- Debt collectors charging pay-to-pay fees
- Bureau of Consumer Financial Protection
- Debt-collection payment vendors
- Creditors using third-party collectors
Contextual inference, no direct clause citation
Legislative Progress
ReportedMotion to proceed to consideration of measure rejected in Senate …
Star Print ordered on the reported joint resolution.
Placed on Senate Legislative Calendar under General Orders. Calendar No. …
Senate Committee on Banking, Housing, and Urban Affairs discharged, by …
Read twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "bureau"
- → Bureau of Consumer Financial Protection
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology