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".

This joint resolution would use the Congressional Review Act to reject a 2025 action by the Consumer Financial Protection Bureau that withdrew an earlier guidance document. That earlier document, Circular 2024-05, addressed improper practices banks and credit unions use to get customers to opt in to overdraft services. Under the resolution, the Bureau's withdrawal would have no force or effect.

Full text and official record on Congress.gov

Sponsors

• Nydia M. Velázquez Democrat sponsor
• 0 cosponsors