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 "Examinations for Risks to Active-Duty Servicemembers and Their Covered Dependents".

Summary

The joint resolution directs that the Consumer Financial Protection Bureau's rule eliminating the requirement to examine financial risks for active‑duty service members and their covered dependents is nullified and has no legal effect. This action impacts the CFPB, lenders that would have been subject to the rule, and the service members and families the rule was intended to protect. It matters because it restores congressional oversight of consumer‑financial protections for military families.

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