A joint resolution 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 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services".
What This Means
This joint resolution seeks to reject the Consumer Financial Protection Bureau's withdrawal of guidance on preferencing and steering practices by digital platforms for consumer financial products.
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This proposal is not currently open for public comment.