A joint resolution 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 withdrawal of the rule relating to "Consumer Financial Protection Circular 2024-05: Improper Overdraft Opt-In Practices".

This joint resolution seeks to invoke congressional disapproval of a specific rule issued by the Bureau of Consumer Financial Protection (BCFP) under the Congressional Review Act. The targeted BCFP rule pertains to the withdrawal of its prior guidance, "Consumer Financial Protection Circular 2024-05: Improper Overdraft Opt-In Practices." By passing this resolution, Congress intends to prevent the BCFP from rescinding its stance on these practices. If enacted, the BCFP's withdrawal rule would be rendered without force or effect , consequently ensuring that the provisions of Circular 2024-05, which address improper overdraft opt-in practices, remain active or are reinstated to protect consumers.