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 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer".

Summary

The joint resolution directs Congress to reject the Consumer Financial Protection Bureau’s rule that would withdraw Circular 2024‑02, which deals with misleading claims about the speed or cost of sending remittance transfers. By disapproving the rule, it would have no legal effect. This action targets the CFPB’s regulatory action and seeks to preserve existing consumer protections.

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