SJRES. 28Became Law
A joint resolution 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 the Consumer Financial Protection Bureau rule that subjects larger nonbank digital payment application companies to CFPB supervisory authority
Key points
- Repeal CFPB payment app rule
Current status
Where it stands
Status
Became Law
Latest action
2025-05-09 — Became Public Law No: 119-11.
Related context
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Discovery signals
About these signals
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.
MomentumHow recently active or changing the bill appears in available data.