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".

Summary

The joint resolution would invoke the congressional‑disapproval power in Title 5 to reject the Consumer Financial Protection Bureau’s rule that withdraws the 2024 Circular on improper overdraft opt‑in practices. If the resolution passes, the withdrawal rule would have no legal effect, leaving the original overdraft‑opt‑in protections in place. The measure primarily impacts banks, credit unions, and the consumers they serve.

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