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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".

Summary

The joint resolution would overturn a Consumer Financial Protection Bureau rule that aims to delete parts of Regulation B covering revocations or adverse changes to existing credit terms. If the resolution passes, the rule would have no legal effect, preserving current credit‑fairness protections for borrowers. It impacts lenders, borrowers, and the CFPB nationwide.

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