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 2024-03: Unlawful and Unenforceable Contract Terms and Conditions".
About This Bill
Committee
Latest Action · May 13, 2026
Referred to the House Committee on Financial Services.
This joint resolution uses the Congressional Review Act to disapprove a rule by the Bureau of Consumer Financial Protection that withdrew guidance on unlawful and unenforceable contract terms. The resolution specifically targets the agency's May 2025 action to withdraw its 2024 circular that had provided guidance to consumers and businesses about what contract terms might be illegal or unenforceable. If passed, this resolution would prevent the withdrawal from taking effect, meaning the original consumer protection guidance would remain in force. The measure affects the Bureau of Consumer Financial Protection, financial service providers, and consumers who rely on the agency's guidance about their contractual rights. No specific funding is allocated in this resolution, as it operates through the expedited congressional review process established by the Congressional Review Act.
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