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 "Truth in Lending (Regulation Z); Use of Digital User Accounts to Access Buy Now, Pay Later Loans".

This bill uses Congress's power to block a Consumer Financial Protection Bureau (CFPB) decision. The CFPB tried to cancel a rule that makes 'Buy Now, Pay Later' (BNPL) loan apps follow Truth in Lending rules. BNPL lets people buy items now and pay later in small parts. The bill keeps the rule alive, so lenders must clearly show loan costs, fees, and risks. Key impacts: ...