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 "Bulletin 2022-06: Unfair Returned Deposited Item Fee Assessment Practices".

This joint resolution aims to use the Congressional Review Act to overturn a specific rule issued by the Bureau of Consumer Financial Protection (CFPB). The rule in question involves the withdrawal of previous guidance regarding "Returned Deposited Item" fees. These are fees typically charged to consumers when a check they attempt to deposit into their account is returned unpaid by the payer's bank.

If this resolution were to become law, it would effectively nullify the CFPB's recent regulatory action on these fees and prevent the agency from issuing a similar rule in the future without new authorization from Congress. For everyday citizens, this could impact how much banks are allowed to charge for returned checks and what kind of oversight the federal government maintains over these specific banking practices.