H.J.Res. 64 — Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".

H.J.Res. 64 — Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications". | JustPolicyThe main purpose of this legislative text is to express disapproval of a specific rule established by the Bureau of Consumer Financial Protection. This rule pertains to the definition of "larger participants" in the market for general-use digital consumer payment applications. Essentially, the resolution aims to prevent this rule from being implemented. Key provisions of this resolution include a formal statement that Congress does not approve the rule related to defining larger participants in the digital payment application market.