HJRES 185 · 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 2024-03: Unlawful and Unenforceable Contract Terms and Conditions".
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What this bill does
AI plain-language summaryThis bill seeks to use Congress's power to overturn a decision made by the Bureau of Consumer Financial Protection (also known as the CFPB) that withdrew one of its own rules about unfair or illegal terms in consumer contracts. In simple terms, Congress would be disapproving of the agency's choice to pull back its earlier guidance on contract terms that it had considered unlawful or unenforceable. No official summary is available for this bill.
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