
Full profile: /officials/T000486
Source: Congress.gov · FEC
Members who have signed on to support this bill since introduction. Source: Congress.gov.
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Congress would reject a Consumer Financial Protection Bureau decision to withdraw its guidance on deceptive marketing practices related to money transfer services, which means the agency's rules about how companies can advertise the speed and cost of sending money would remain in effect. This affects money transfer companies and consumers who send money domestically or internationally, as the rules require clearer and more honest advertising about how fast transfers will arrive and what fees customers will pay. The measure uses a congressional process that allows lawmakers to overturn agency decisions they disagree with.
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[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.J. Res. 175 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. J. RES. 175 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 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer''. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 4, 2026 Mr. Torres of New York submitted the following joint resolution; which was referred to the Committee on Financial Services _______________________________________________________________________ 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 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer''. Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to ``Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer (89 Fed. Reg. 27357 (April 17, 2024))'' (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect. <all>
Bills by the same sponsor or covering overlapping subjects.