S.J.Res. 125 — A 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 "Debt Collection Practices (Regulation F); Pay-to-Pay Fees".

S.J.Res. 125 — A 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 "Debt Collection Practices (Regulation F); Pay-to-Pay Fees". | JustPolicyThe main purpose of this legislative text is to allow Congress to disapprove a rule that was put forth by the Bureau of Consumer Financial Protection (BCFP). This rule involves the withdrawal of regulations concerning debt collection practices, specifically focusing on "Pay-to-Pay Fees." The objective is to prevent the removal of these regulations, which are designed to protect consumers from certain fees that can be charged when they make payments on debts.