SJRES134119th 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

Would disapprove the CFPB rule that withdrew the Truth in Lending Regulation Z provision allowing use of digital user accounts to access Buy Now, Pay Later loans. It would provide that the CFPB rule would have 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

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