H.J.Res. 185House119th Congress (2025-2027)In Committee

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 "Consumer Financial Protection Circular 2024-03: Unlawful and Unenforceable Contract Terms and Conditions".

AI-Generated Summary

Updated May 14, 2026 at 8:26 AM UTC

This joint resolution directs Congress to reject a rule that the Consumer Financial Protection Bureau (CFPB) submitted to withdraw a prior circular about unlawful and unenforceable contract terms. By disapproving the withdrawal, the resolution keeps the original consumer‑protection guidance in force, affecting lenders, creditors, and consumers who rely on those rules.

Key Provisions

Congress formally disapproves the CFPB’s rule that would have withdrawn Circular 2024‑03 on unlawful and unenforceable contract terms, rendering that withdrawal ineffective.

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HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

Financial Services Committee

May 13, 2026

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HouseIntro Referral

Introduced in House

May 13, 2026

HouseIntro Referral

Referred to the House Committee on Financial Services.

Financial Services Committee

May 13, 2026

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Introduced in HouseIssued May 13, 2026

119th CONGRESS

2d Session

H. J. RES. 185

IN THE HOUSE OF REPRESENTATIVES

May 13, 2026

Mr. Vargas 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 the withdrawal of the rule relating to Consumer Financial Protection Circular 2024–03: Unlawful and Unenforceable Contract Terms and Conditions.

That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to Consumer Financial Protection Circular 2024–03: Unlawful and Unenforceable Contract Terms and Conditions (89 Fed. Reg. 51955 (June 21, 2024)) (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.