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

Bill: 118-hjres-195
Sponsor: full_name: Rep. Donalds, Byron [R-FL-19]
Introduced: 2024-08-02
Policy area: Finance and Financial Sector
Latest action: action_date: 2024-08-02
text: Referred to the House Committee on Financial Services.

Summaries:

tv_txt: IA 118th CONGRESS 2d Session H. J. RES. 195 IN THE HOUSE OF REPRESENTATIVES August 2, 2024 Mr. Donalds (for himself and Mr. Hill ) submitted the following joint resolution; which was referred to the Committee on Financial Services 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 Truth in Lending (Regulation Z); Use of Digital User Accounts to Access Buy Now, Pay Later Loans .

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to Truth in Lending (Regulation Z); Use of Digital User Accounts to Access Buy Now, Pay Later Loans (89 Fed. Reg. 47068; published May 31, 2024), and such rule shall have no force or effect.