HJRES 175 · 119th CongressIn Committeecongress.gov ↗
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".
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What this bill does
AI plain-language summaryThis bill would use Congress's power to overturn a decision by the Bureau of Consumer Financial Protection to withdraw an earlier rule about deceptive marketing practices related to how fast or how much it costs to send money transfers to other countries. In simple terms, Congress would be disapproving of the agency's choice to pull back its guidance on misleading advertising about remittance transfers. No official summary is available for this bill.
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