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".

Referred to the House Committee on Financial Services.

2026-05-04

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.