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 "Statement of Policy Regarding Prohibition on Abusive Acts or Practices".

This joint resolution, introduced by Senator Richard Durbin, would use the Congressional Review Act to disapprove of a rule submitted by the Bureau of Consumer Financial Protection. Specifically, it would block the bureau's withdrawal of a rule that established a statement of policy prohibiting abusive acts or practices in the financial sector.

If enacted, this resolution would prevent the Consumer Financial Protection Bureau from withdrawing its protections against abusive financial practices. This could mean that existing safeguards for consumers dealing with banks, lenders, and other financial institutions would remain in place rather than being removed. The resolution is currently under consideration by the Senate Committee on Banking, Housing, and Urban Affairs and has not yet been voted on by the full Senate.