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-190
Sponsor: full_name: Rep. Palmer, Gary J. [R-AL-6]
Introduced: 2024-07-18
Policy area: Finance and Financial Sector
Latest action: action_date: 2024-07-18
text: Referred to the House Committee on Financial Services.

Summaries:

tv_txt: IA 118th CONGRESS 2d Session H. J. RES. 190 IN THE HOUSE OF REPRESENTATIVES July 18, 2024 Mr. Palmer 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.