Democrats on the U.S. Senate Committee on Banking, Housing and Urban Affairs, led by Ranking Member Elizabeth Warren, announced floor action to force 20 Senate votes on Joint Resolutions of Disapproval aimed at overturning Trump Administration Consumer Financial Protection Bureau rules. The resolutions target a wide range of consumer finance measures, including rules on medical debt, overdraft opt-in practices, buy now pay later lending, credit reporting, debt collection, remittance transfers, whistleblower protections, contracts for deed and advances against expected compensation for work. The release lists 20 resolutions sponsored by individual Democratic senators, including measures on examinations for risks to active-duty servicemembers and their covered dependents, pay-to-pay fees, unlawful and unenforceable contract terms, time-barred debt, abusive acts or practices, permissible purposes for consumer reports, file disclosure, and Fair Credit Reporting Act preemption of state laws. According to the release, the effort is intended to put every senator on the record and represents an unprecedented number of forced Senate floor votes. In prepared floor remarks published with the release, Warren said the administration's CFPB actions had cost consumers USD 19 billion over one year, while citing more than USD 21 billion that the CFPB has returned to consumers since 2011.

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