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 "Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices".
Referred to the House Committee on Financial Services.
Summary
The House has introduced a joint resolution that would disapprove the Consumer Financial Protection Bureau’s rule that removes the 2022 bulletin on unfair returned deposited item fee practices. If the resolution passes, the withdrawn rule would have no legal effect, leaving the original consumer protections in place. The measure is currently referred to the House Committee on Financial Services.
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