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".
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Summary
This joint resolution uses the Congressional Review Act to disapprove a rule by the Bureau of Consumer Financial Protection that withdrew a 2024 circular on unlawful and unenforceable contract terms. If passed, the disapproval would prevent the withdrawal from taking effect, effectively preserving the CFPB's 2024 guidance on contract terms and conditions.
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