A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of Medical Debt".
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Summary
This joint resolution uses the Congressional Review Act to disapprove the Bureau of Consumer Financial Protection's decision to withdraw its 2024 rule on debt collection practices related to medical debt. If passed, the resolution would prevent the CFPB's withdrawal from taking effect, thereby keeping the medical debt collection rule in force. The resolution failed to advance in the Senate on a 50-50 vote.
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