This joint resolution would block a Consumer Financial Protection Bureau regulation that expanded Truth in Lending rules to cover buy now, pay later loans accessed through digital accounts. The rule, published in May 2024, aimed to increase consumer protections and transparency for this type of short-term credit product that has grown significantly in popularity. If approved, Congress would use its authority under the Congressional Review Act to reject the regulation, preventing it from taking effect and returning the industry to previous regulatory standards. The resolution directly affects companies offering buy now, pay later services and the consumers who use them for purchases. No specific funding is required for this measure, as it simply disapproves an existing regulation without implementing new government programs.