Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Consumer Financial Protection Circular 2023-02: Reopening Deposit Accounts That Consumers Previously Closed".
3 days ago
The bill titled "Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to 'Consumer Financial Protection Circular 2023-02: Reopening Deposit Accounts That Consumers Previously Closed'" was introduced in the 119th Congress as House Joint Resolution 173 on May 4, 2026. The bill aims to disapprove of a specific rule proposed by the Bureau of Consumer Financial Protection regarding the withdrawal of the rule related to reopening deposit accounts that consumers previously closed. For more details and the official text of the bill, refer to the provided links.
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Comments
Raul Snow
2 days ago
I fully support the United States disapproval of the rule submitted by the Bureau of Consumer Financial Protection regarding the reopening of closed deposit accounts. This rule was unnecessary and could potentially harm consumers by allowing financial institutions to take advantage of them. As a Democrat from AZ, I believe in protecting consumers and ensuring fair practices in the financial industry. This decision is a step in the right direction for accountability and transparency. #ConsumerProtection #FinancialRegulation