A 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 2024-01: Preferencing and Steering Practices by Digital Intermediaries for Consumer Financial Products or Services".

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-04-13

Congress is considering blocking a Consumer Financial Protection Bureau rule that would have prevented digital platforms (like comparison websites and apps) from unfairly steering consumers toward certain financial products that benefit the platform rather than the consumer. If passed, this resolution would overturn the agency's attempt to stop practices where platforms hide better deals or promote inferior products because they earn higher commissions. The measure affects consumers shopping for financial products online and the digital platforms and financial companies that use these steering tactics.