What is the official ID of this bill?

The official print number for this legislation is SJRES 175.

When did the legislative process begin?

The process officially started on 2026-04-13.

What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: https://www.congress.gov/119/bills/sjres175/BILLS-119sjres175is.htm

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-04-15.

Who is the primary sponsor?

The primary sponsor is Sen. Warren, Elizabeth [D-MA].

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Analysis and Potential Impact of SJRES 175

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

Restoring Protections Against Deceptive Claims About FDIC Bank Insurance

Q: What are the main provisions?

Key points include: Prevents the removal of guidelines targeting financial fraud and deception. Maintains strict rules against the unauthorized use of the FDIC name or logo. Protects citizen savings by ensuring clear information about which accounts are truly insured.

This resolution cancels a decision to remove rules that protect consumers from false claims about bank insurance. It ensures that authorities can continue to act against companies that lie about being backed by the government's deposit insurance.

Key points

Prevents the removal of guidelines targeting financial fraud and deception.

Maintains strict rules against the unauthorized use of the FDIC name or logo.

Protects citizen savings by ensuring clear information about which accounts are truly insured.

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Status:

Introduced

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Additional Information

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 "Consumer Financial Protection Circular 2022-02: Deceptive Representations Involving the FDIC's Name or Logo or Deposit Insurance".

Print number: SJRES 175

Sponsor: Sen. Warren, Elizabeth [D-MA]

Process start date: 2026-04-13

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Summarized by: gemini-flash-latest

Source data: api.congress.gov

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