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119-sjres-134119th Congress

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 "Truth in Lending (Regulation Z); Use of Digital User Accounts to Access Buy Now, Pay Later Loans".

Sponsored By: Senator Reed, Jack [D-RI]

In Committee

Summary

Blocks the Bureau of Consumer Financial Protection's withdrawal of the Truth in Lending (Regulation Z) rule on using digital user accounts to access Buy Now, Pay Later loans. The resolution disapproves that withdrawal and states the withdrawal has no force or effect.

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Bill Overview

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Sponsors & CoSponsors

Sponsor

Reed, Jack [D-RI]

RI • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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