Congress disapproves a rule by the Bureau of Consumer Financial Protection on unfair returned deposited item fee assessments.
Federal SJR153 is a joint resolution disapproving a rule by the Bureau of Consumer Financial Protection regarding the withdrawal of "Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices." This resolution, introduced by Mr. Luján, aims to nullify the rule's force and effect, ensuring it does not take effect. The rule in question pertains to practices around fees for returned deposited items, which the Bureau had previously flagged as potentially unfair.
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