S.J.Res. 164 — 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 2022-04: Insufficient Data Protection or Security for Sensitive Consumer Information".

S.J.Res. 164 — 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 2022-04: Insufficient Data Protection or Security for Sensitive Consumer Information". | JustPolicyThe main purpose of this legislative text is to allow Congress to disapprove a decision made by the Bureau of Consumer Financial Protection (BCFP) to withdraw a previous rule that aimed to protect sensitive consumer information. This rule, known as Consumer Financial Protection Circular 2022-04, addressed concerns about the security and protection of consumer data. The key provision of this resolution is that it formally disapproves the BCFP's action to withdraw the rule regarding data protection.