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 2024-05: Improper Overdraft Opt-In Practices".

This joint resolution proposes congressional disapproval, under the Congressional Review Act, of a specific rule submitted by the Bureau of Consumer Financial Protection (BCFP). The targeted rule, published in the Federal Register, relates to the BCFP's decision to withdraw its previous guidance.

Specifically, the BCFP rule in question sought to withdraw "Consumer Financial Protection Circular 2024-05: Improper Overdraft Opt-In Practices." By disapproving this withdrawal rule, Congress aims to nullify its effect, thereby ensuring that the original guidance on improper overdraft opt-in practices remains in force. If passed, this resolution would prevent the BCFP from removing its guidance concerning these practices, impacting how financial institutions manage overdraft services.