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119th CONGRESS
2d Session |
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 2024–05: Improper Overdraft Opt-In Practices”.
Ms. Velázquez submitted the following joint resolution; which was referred to the Committee on Financial Services
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 2024–05: Improper Overdraft Opt-In Practices”.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to “Consumer Financial Protection Circular 2024–05: Improper Overdraft Opt-In Practices (89 Fed. Reg. 80075 (October 2, 2024))” (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.