Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

This resolution would cancel a rule made by the Consumer Financial Protection Bureau in December 2024. The rule said that large payment app companies that handle at least 50 million transactions per year would be subject to government oversight by the CFPB. The resolution would eliminate this rule and the oversight it created.

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