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 "Compliance Bulletin 2016-03: Detecting and Preventing Consumer Harm From Production Incentives".

Summary

Senator Elizabeth Warren introduced a joint resolution that would disapprove the Consumer Financial Protection Bureau's rule that removed the 2016 Compliance Bulletin on detecting and preventing consumer harm from production incentives. If adopted, the rule would have no legal effect, keeping the original bulletin in force. The measure is currently referred to the Senate Committee on Banking, Housing, and Urban Affairs.

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