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 the withdrawal of the rule relating to "Consumer Financial Protection Circular 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services".
United States119th CongressSJRES-168Senate
Updated: Apr 13, 2026
Summary
This joint resolution seeks to invoke congressional disapproval under the Congressional Review Act to nullify a specific action taken by the Bureau of Consumer Financial Protection (CFPB). The resolution targets the CFPB's rule that withdrew its own "Consumer Financial Protection Circular 2024-01." This original circular provided guidance on preferencing and steering practices by digital intermediaries concerning consumer financial products or services. By disapproving this withdrawal, the resolution aims to prevent the rescission of Circular 2024-01. If enacted, the CFPB's attempt to remove its guidance on how digital platforms influence consumer choices for financial products would be rendered without force or effect, thereby maintaining the circular's provisions.
Bill texts
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Timeline
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate
Introduced in Senate
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