H.J.Res. 178 is a joint resolution that seeks to disapprove a rule submitted by the Bureau of Consumer Financial Protection (CFPB). This rule pertains to the withdrawal of a previous regulation concerning examinations for risks to the financial system. Essentially, the resolution aims to prevent the CFPB from removing oversight measures that assess potential risks in financial institutions.
Supporters of H.J.Res. 178 argue that maintaining the rule is essential for consumer protection and financial stability. They emphasize that thorough examinations of financial institutions can help identify and mitigate risks that could lead to economic downturns, thus safeguarding consumers and the broader economy.
Critics of H.J.Res. 178 contend that the resolution undermines the CFPB's ability to adapt to changing financial landscapes. They argue that the withdrawal of the rule is a necessary step to reduce regulatory burdens on financial institutions, which can foster innovation and economic growth. Opponents claim that the resolution may hinder efforts to promote a more flexible and responsive regulatory environment.
The analysis of H.J.Res. 178 reveals no direct industry overlaps between the sponsor Vicente Gonzalez's top donor industries and the subject matter of the bill, which pertains to the Bureau of Consumer Financial Protection's rule on examinations for risks. The absence of overlapping industries suggests that there is minimal risk of conflicts of interest arising from the sponsor's financial backers. Additionally, while there is lobbying activity in this policy area, the disclosed amounts are largely unspecified or minimal, with only one specific amount of $7,500 from SANA HEALTH. This further indicates a low likelihood of significant influence from donor interests on the legislative process regarding this bill.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| SANA HEALTH | TERRAPIN STRATEGY, INC | $7,500 |
| VICTIMS OF TERRORISM - EAST AFRICA | MR. RONALD COLEMAN | undisclosed |
| VENUS AEROSPACE CORP. | VENUS AEROSPACE CORP. | undisclosed |
| GEORGE WASHINGTON UNIVERSITY | THE CORMAC GROUP, LLC | undisclosed |
| SOIL CULTURE SOLUTIONS, LLC (D/B/A SOILCEA) | CORCORAN & ASSOCIATES, INC. DBA CORCORAN PARTNERS | undisclosed |
| NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE | NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE | undisclosed |
| NEBRASKA RURAL GENERATION LLC | JABAL COMPANIES LLC | undisclosed |
| RHOBACK, INC. | ATLAS CROSSING LLC | undisclosed |
| GLOBAL MOBILE SOFTWARE LLC | TERRAPIN STRATEGY, INC | undisclosed |
| SUMAIR VIRANI | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
| NATIONAL STRUCTURED SETTLEMENTS TRADE ASSOCIATION | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
| NUMERACLE, INC. | ACG ADVOCACY | undisclosed |
| AMERICAN COUNCIL FOR CAPITAL FORMATION | AMERICAN COUNCIL FOR CAPITAL FORMATION | undisclosed |
| HUBBARD HOUSE RESTAURANT, LLC | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
| INTUIT INC., AND ITS ENTERPRISE MEMBERS | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Vicente Gonzalez, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
