S.J.Res. 167 — 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 Information Requests to Large Banks and Credit Unions".

S.J.Res. 167 — 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 Information Requests to Large Banks and Credit Unions". | 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. This rule involved the withdrawal of a previous regulation that required large banks and credit unions to respond to consumer information requests. Essentially, Congress is taking action to keep the original rule in place, which aimed to ensure that consumers have access to important information from these financial institutions.