HJRES. 64In Committee
Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications".
Plain-English overview
What this bill does
Nullifies a Consumer Financial Protection Bureau rule that defines which large nonbank digital payment app companies fall under CFPB supervisory authority
Key points
- Repeal CFPB payment app rule
Current status
Where it stands
Status
In Committee
Latest action
2025-02-27 — Referred to the House Committee on Financial Services.
Related context
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Discovery signals
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Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
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