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 joint resolution seeks to nullify a specific final rule issued by the Bureau of Consumer Financial Protection . The rule, titled "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications," was published in the Federal Register on December 10, 2024. By disapproving this rule, Congress intends to prevent its implementation and ensure it holds no legal authority. Consequently, the provisions outlined in the BCFP's rule regarding the oversight of larger digital payment application providers would not take effect.