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
No Economic Impacts Identified for this Bill
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.
View on Congress.gov