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 2024-04: Whistleblower Protections Under CFPA Section 1057".
Referred to the House Committee on Financial Services.
Summary
The joint resolution directs that the Consumer Financial Protection Bureau's rule withdrawing Circular 2024‑04 on whistleblower protections be disapproved, so the rule will have no legal effect. It keeps the existing whistleblower safeguards in place for financial‑industry workers and anyone filing complaints under the Consumer Financial Protection Act. The measure is intended to preserve those protections and prevent the CFPB from undoing them.
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