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 2023-01: Unlawful Negative Option Marketing Practices".
Sponsored By: Representative Bynum, Janelle S. [D-OR-5]
Introduced
Summary
Preserves the Consumer Financial Protection Circular 2023-01 on unlawful negative-option marketing practices. This joint resolution would disapprove the CFPB rule that withdraws Circular 2023-01, leaving the Circular in effect in its prior form.
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.
Keep CFPB subscription protections
If enacted, this joint resolution would disapprove the CFPB rule that withdrew Consumer Financial Protection Circular 2023-01. The disapproved withdrawal rule is the one published at 90 Fed. Reg. 20086 (May 12, 2025). That would leave Circular 2023-01 as published at 88 Fed. Reg. 5727 (January 30, 2023) in place. Consumers and businesses would continue to be subject to the circular's rules against unlawful negative-option marketing, like hidden subscription renewals, unless a later rule or law changes that status.
Sponsors & CoSponsors
Sponsor
Bynum, Janelle S. [D-OR-5]
OR • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov