H.J.Res. 179 is a resolution that seeks to disapprove a rule put forth by the Bureau of Consumer Financial Protection (BCFP) that involves the withdrawal of a previous consumer financial protection regulation. Essentially, this resolution is an effort by Congress to reverse the BCFP's decision to eliminate a specific consumer protection rule.
Supporters of H.J.Res. 179 argue that disapproving the withdrawal of the consumer protection rule is essential for safeguarding consumers' rights and ensuring fair financial practices. They highlight the importance of maintaining strong oversight over financial institutions to protect vulnerable consumers from predatory practices.
Critics of H.J.Res. 179 contend that the resolution undermines the BCFP’s ability to adapt regulations based on current economic conditions and consumer needs. They express concerns that reinstating the withdrawn rule could hinder financial innovation and limit access to credit for consumers, particularly those with lower incomes.
The analysis of H.J.Res. 179, sponsored by Maxine Waters, reveals no direct industry overlaps between the bill's subject matter and the sponsor's top donor industries. This suggests that the financial interests of her primary donors do not directly influence the legislation concerning the Bureau of Consumer Financial Protection's rule withdrawal. While there is some lobbying activity in the policy area, the undisclosed nature of these activities makes it difficult to ascertain their direct impact on the bill. The only disclosed amount is $7,500 from SANA HEALTH, which does not appear to have a direct connection to consumer financial protection issues, indicating a low risk of conflict of interest.
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 Maxine Waters, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
