S.J.Res. 159 — 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 "Consumer Financial Protection Circular 2022-05: Debt Collection and Consumer Reporting Practices Involving Invalid Nursing Home Debts".

S.J.Res. 159 — 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 "Consumer Financial Protection Circular 2022-05: Debt Collection and Consumer Reporting Practices Involving Invalid Nursing Home Debts". | JustPolicyThe main purpose of this legislative text is to express Congress's disapproval of a decision made by the Bureau of Consumer Financial Protection (CFPB) to withdraw a specific rule. This rule, known as "Consumer Financial Protection Circular 2022-05," addresses how debts related to nursing home care should be collected and reported, particularly focusing on debts that may not be valid. The key provision of this resolution states that Congress officially disapproves of the CFPB's withdrawal of the aforementioned rule.