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".

This joint resolution proposes to use the Congressional Review Act to formally disapprove of a specific rule issued by the Bureau of Consumer Financial Protection (CFPB). The rule in question involves the withdrawal of previous guidance regarding how digital intermediaries, such as comparison websites or apps, preference or steer consumers toward certain financial products or services. By disapproving of this rule, Congress would effectively prevent the CFPB's specific regulatory action from taking effect.

If enacted, this measure would impact how digital platforms present financial options like credit cards, loans, or bank accounts to the public. The underlying issue concerns whether these digital tools are transparent about why they recommend certain products over others, particularly if they are being paid to prioritize specific companies. Because this is a joint resolution, it would have the force of law if passed by both chambers of Congress and signed by the President, or if a presidential veto is overridden.