Congress disapproves a rule by the Bureau of Consumer Financial Protection on withdrawing regulations about debt collection practices.
Federal SJR141 is a joint resolution disapproving a rule by the Bureau of Consumer Financial Protection that involves withdrawing regulations about debt collection practices. Specifically, it targets the rule concerning "Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of Medical Debt." This disapproval means the rule will have no legal effect. The resolution was introduced by Raphael Warnock and refers to the Committee on Banking, Housing, and Urban Affairs.
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