A joint resolution 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 "Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt".

Summary

The Senate joint resolution nullifies the Consumer Financial Protection Bureau's proposed rule that would have removed a regulation on time‑barred debt under the Fair Debt Collection Practices Act. By disapproving the rule, Congress ensures it has no legal effect. The measure, introduced by Sen. Andy Kim, signals legislative opposition to rolling back debt‑collection protections for consumers.

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