HJ.Res. 169 · 119th Congress
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 resolution blocks a decision by the Consumer Financial Protection Bureau (CFPB) to withdraw an important consumer protection rule. Here's what's happening: In 2024, the CFPB issued guidance called "Consumer Financial Protection Circular 2024-05" that cracked down on improper overdraft opt-in practices—basically…
- Sponsor
- Velázquez, Nydia M. (D-New York)
- Introduced
- 2026-04-30
- Policy area
- Finance and Financial Sector
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