A joint resolution to disapprove a rule by the Bureau of Consumer Financial Protection regarding reopening closed deposit accounts.
This bill, SJR143, seeks to disapprove a rule by the Bureau of Consumer Financial Protection concerning the reopening of deposit accounts that consumers had previously closed. The resolution follows congressional disapproval procedures under chapter 8 of title 5, United States Code. The rule in question is related to "Consumer Financial Protection Circular 2023-02." If enacted, the rule would have no force or effect.
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