H.J.Res. 195

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".

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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.