SJRES. 134Introduced
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".
Disapproves a Consumer Financial Protection Bureau rule withdrawing Truth in Lending Regulation Z provisions on using digital user accounts to access buy now pay later loans
Plain-English overview
What this bill does
Disapproves a Consumer Financial Protection Bureau rule withdrawing Truth in Lending Regulation Z provisions on using digital user accounts to access buy now pay later loans
Key points
- Revoke CFPB withdrawal rule
Current status
Where it stands
Status
Introduced
Latest action
2026-05-13 — Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2272)
Related context
Topics and policy areas
undefinedAdministrative law and regulatory proceduresBank accounts, deposits, capitalCongressional oversightConsumer affairsConsumer Financial Protection BureauFinance and Financial SectorInternet, web applications, social media