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 "Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices".
Sponsored By: Senator Sen. Luján, Ben Ray [D-NM]
Introduced
Summary
Preserves the Consumer Financial Protection Bureau's Bulletin 2022-06 on unfair returned deposited item fee assessment practices. This bill would disapprove the CFPB rule that withdrew that bulletin, nullifying the withdrawal.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Preserve bank returned item fee rules
If enacted, this joint resolution would disapprove the CFPB rule (90 Fed. Reg. 20084, May 12, 2025) that withdrew Bulletin 2022-06. The withdrawal would have no force or effect, so Bulletin 2022-06 (87 Fed. Reg. 66940, Nov 7, 2022) would remain in place. Banks and other depository institutions would still be subject to CFPB guidance limiting unfair returned deposited item fee assessment practices. People with bank accounts would keep the consumer protections against some returned-item fees.
Sponsors & CoSponsors
Sponsor
Sen. Luján, Ben Ray [D-NM]
NM • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.govTake It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in