H.J.Res. 175 is a resolution that aims to disapprove a rule proposed by the Bureau of Consumer Financial Protection (CFPB) that would withdraw a previous consumer protection regulation. This resolution is introduced under the Congressional Review Act, which allows Congress to overturn rules issued by federal agencies.
Supporters of H.J.Res. 175 argue that disapproving the CFPB's withdrawal will help maintain essential consumer protections, ensuring that consumers are safeguarded from unfair financial practices. Advocates believe that these protections are vital for maintaining trust in the financial system and preventing exploitation.
Critics of H.J.Res. 175 contend that this resolution undermines the CFPB's ability to adapt regulations based on current economic conditions and consumer needs. They argue that disapproving the withdrawal of the rule could hinder innovation in the financial sector and may lead to unnecessary regulatory burdens on financial institutions.
After a thorough analysis of the bill H.J.Res. 175 and its sponsor Ritchie Torres's campaign finance data, it appears that there are no direct overlaps between the bill's subject matter and the sponsor's top donor industries. This suggests a low risk of conflicts of interest. However, there has been significant lobbying activity in this bill's policy area. Notably, firms such as Vector, D-Wave Government, Inc., MBK Partners, Solution Philippines, LLC, and BAE, Kim & Lee, LLC have spent a total of $660,000 on lobbying through The McKeon Group, Inc. Other firms have also engaged in lobbying, but their expenditure amounts are undisclosed. Despite this lobbying activity, it is important to note that these firms are not directly linked to the sponsor's campaign finances, and as such, this does not necessarily indicate a conflict of interest.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| BAE, KIM & LEE, LLC | THE MCKEON GROUP, INC. | $370,000 |
| MBK PARTNERS | THE MCKEON GROUP, INC. | $150,000 |
| B. BRAUN MEDICAL INC. | POLSINELLI PC | $70,000 |
| VECTOR | THE MCKEON GROUP, INC. | $40,000 |
| SOLUTION PHILIPPINES, LLC | THE MCKEON GROUP, INC. | $40,000 |
| AMERICAN PHARMACISTS ASSOCIATION | AMERICAN PHARMACISTS ASSOCIATION | $35,000 |
| D-WAVE GOVERNMENT, INC | THE MCKEON GROUP, INC. | $10,000 |
| NATIONAL ASSOCIATION OF RSVP PROGRAM DIRECTORS | THE SUSQUEHANNA GROUP | $5,000 |
| STR8 CORPORATION | BRODY GROUP L.L.C. PUBLIC AFFAIRS | undisclosed |
| WEST GULF MARITIME ASSOCIATION | WEST GULF MARITIME ASSOCIATION | undisclosed |
| CENTRAL ADMIXTURE PHARMACY SERVICES, INC. | POLSINELLI PC | undisclosed |
| CARTRIDGE TECHNOLOGIES, LLC | CHECKMATE GOVERNMENT RELATIONS | undisclosed |
| BLUE DIAMOND ATOMICS | NATURAL STATE CONSULTING AND STRATEGIES | undisclosed |
| POPLICUS INCORPORATED DBA GOVINI | CHECKMATE GOVERNMENT RELATIONS | undisclosed |
| STRYDENT AUTONOMOUS TECHNOLOGIES | POTOMAC STRATEGIC CONSULTING LLC | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Ritchie Torres, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
