H.J.Res. 171 — 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 "Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices".

H.J.Res. 171 — 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 "Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices". | JustPolicyThe main purpose of this legislative text is to express Congress's disapproval of a decision made by the Bureau of Consumer Financial Protection (BCFP) to withdraw a specific rule. This rule, known as "Bulletin 2022-06," addressed unfair practices related to fees charged when a deposited item is returned, such as bounced checks. The key provision of this resolution is that it formally rejects the BCFP's withdrawal of the Bulletin. By doing so, Congress aims to ensure that the protections outlined in the original rule remain in effect.