Congress disapproves a rule by the Bureau of Consumer Financial Protection relating to a registry of nonbank covered persons.
Federal SJR177 is a joint resolution introduced by Ms. Warren to disapprove a rule by the Bureau of Consumer Financial Protection. The rule in question pertains to the "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Rescission." This disapproval means the rule will have no force or effect. The resolution follows the process outlined in chapter 8 of title 5, United States Code.
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