Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

Bill: 119-hjres-64
Sponsor: full_name: Rep. Flood, Mike [R-NE-1]
Introduced: 2025-02-27
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures

Congressional oversight

Consumer Financial Protection Bureau

Consumer affairs

Internet, web applications, social media
Latest action: action_date: 2025-02-27
text: Referred to the House Committee on Financial Services.

Summaries:

tv_txt: IA 119th CONGRESS 1st Session H. J. RES. 64 IN THE HOUSE OF REPRESENTATIVES February 27, 2025 Mr. Flood (for himself, Mr. Meuser , Mrs. Kim , Mr. Downing , and Mr. Steil ) submitted the following joint resolution; which was referred to the Committee on Financial Services JOINT RESOLUTION Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications .

That Congress disapproves the final rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications (89 Fed. Reg. 99582 (December 10, 2024)), and such rule shall have no force or effect.