H.J.Res. 185 — 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".

H.J.Res. 185 — 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". | JustPolicyThe main purpose of this legislative text is to allow Congress to disapprove a rule that was proposed by the Bureau of Consumer Financial Protection (BCFP). This rule involves the withdrawal of a previous guideline that addressed unlawful and unenforceable contract terms and conditions in consumer financial products. The key provision of this resolution is that it formally rejects the BCFP's decision to withdraw the Consumer Financial Protection Circular 2024-03.