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

Summary

AI Generated

What it does: This bill uses the Congressional Review Act to block the Consumer Financial Protection Bureau (CFPB) from canceling a rule. The rule warns companies not to lie about the speed or cost of sending money overseas, like remittances to family abroad. Key impacts: Benefits: Consumers, especially immigrants sending...

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Bill Progress

Committee is reviewing, marking up, or holding hearings on the bill

Introduced(3/18/26)

Committee

Passed House

Passed Senate

President

Law