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 2024-03: Unlawful and Unenforceable Contract Terms and Conditions".

Summary

The joint resolution invokes the Congressional Review Act to disapprove the Bureau of Consumer Financial Protection’s rule that withdrew Circular 2024‑03, which dealt with unlawful and unenforceable contract terms. If the resolution passes, the withdrawn rule would have no legal effect, impacting the CFPB’s regulatory actions and any parties that might have relied on the rule.

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