Congress disapproves a rule by the Bureau of Consumer Financial Protection on reopening closed deposit accounts.
Federal HJR173 is a joint resolution disapproving a rule by the Bureau of Consumer Financial Protection. The rule in question involves the withdrawal of "Consumer Financial Protection Circular 2023-02: Reopening Deposit Accounts That Consumers Previously Closed." This disapproval means the rule will have no force or effect. The resolution follows congressional procedures outlined in chapter 8 of title 5, United States Code.
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