Congress disapproves a rule by the Bureau of Consumer Financial Protection on deceptive marketing practices for remittance transfers.
This bill disapproves a rule by the Bureau of Consumer Financial Protection regarding the withdrawal of a rule on deceptive marketing practices about the speed or cost of sending a remittance transfer. The rule in question, Consumer Financial Protection Circular 2024-02, is to be nullified, and it will have no legal effect. This action follows the congressional disapproval process outlined in chapter 8 of title 5, United States Code.
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