S.J.Res. 174 — 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 "Bulletin 2022-04: Mitigating Harm From Repossession of Automobiles".

S.J.Res. 174 — 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 "Bulletin 2022-04: Mitigating Harm From Repossession of Automobiles". | JustPolicyThe main purpose of this legislative text is to express Congress's disapproval of a recent decision made by the Bureau of Consumer Financial Protection (BCFP) to withdraw a specific rule. This rule, known as "Bulletin 2022-04," was designed to help protect consumers from the negative impacts of automobile repossessions. Key provisions of this resolution state that Congress officially disagrees with the BCFP's action to remove the rule that aimed to mitigate harm from car repossessions.