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 "Credit Card Penalty Fees (Regulation Z)".

This joint resolution seeks congressional disapproval of a Consumer Financial Protection Bureau (CFPB) rule that would have limited credit card penalty fees under Regulation Z. If approved, the resolution would block the rule from taking effect, meaning credit card companies would not be required to comply with the proposed fee restrictions. The measure uses a standard congressional review process under federal law to invalidate the rule, which was submitted to Congress in March 2024. This directly affects credit card issuers by allowing them to maintain current penalty fee practices without new federal limits.