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 2022-04: Insufficient Data Protection or Security for Sensitive Consumer Information".

This joint resolution proposes congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection (CFPB) under the Congressional Review Act. The CFPB's rule sought to withdraw "Consumer Financial Protection Circular 2022-04," which addresses insufficient data protection or security for sensitive consumer information. If passed, this resolution would prevent the CFPB's withdrawal rule from taking effect, rendering it without force or effect. This action would effectively maintain the existing guidance or requirements established by Circular 2022-04 regarding the safeguarding of sensitive consumer data. The resolution aims to ensure continued regulatory focus on protecting consumer financial information by blocking the removal of this specific data security circular.