Calendar No. 390
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119th CONGRESS
2d Session |
Mr. Reed introduced the following joint resolution; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
Committee discharged, by petition, pursuant to 5 U.S.C. 802(c), and placed on the calendar
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 “Truth in Lending (Regulation Z); Use of Digital User Accounts To Access Buy Now, Pay Later Loans”.
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 “Truth in Lending (Regulation Z); Use of Digital User Accounts To Access Buy Now, Pay Later Loans, 89 Fed. Reg. 47068 (May 31, 2024)” (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.