S.J.Res. 168 — 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 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services".

S.J.Res. 168 — 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 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services". | 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 specific rule. This rule, known as "Consumer Financial Protection Circular 2024-01," addresses how digital intermediaries, such as online platforms that connect consumers with financial products or services, can influence consumer choices through practices like preferencing and steering. Key provisions of this resolution include a formal statement of disapproval from Congress regarding the BCFP's withdrawal of the rule.