Nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for…
H.J.Res. 64119th Congress

Nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for…

Introduced in the HouseRep. Mike Flood (R-NE-1)1 section · 1 min read
Version: Introduced in House · Feb 27, 2025

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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.J. Res. 64 Introduced in House (IH)]

119th CONGRESS 1st Session H. J. RES. 64

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".

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IN THE HOUSE OF REPRESENTATIVES

February 27, 2025

Mr. Flood (for himself, Mr. Meuser, Mrs. Kim, Mr. Downing, and Mr. Steil) submitted the following joint resolution; which was referred to the Committee on Financial Services

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JOINT RESOLUTION

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".

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications" (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect.

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