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 2023-02: Reopening Deposit Accounts That Consumers Previously Closed".

This bill proposes to reject a specific rule from the Bureau of Consumer Financial Protection that would have allowed banks to reopen deposit accounts for customers who previously closed them. If approved, the measure would cancel the agency's authority to implement this policy change, effectively keeping the previous regulations in place. The legislation directly impacts financial institutions and consumers by preventing the reopening of closed accounts under the new guidelines. It uses a standard congressional disapproval process to nullify the rule without adding new requirements or altering existing banking laws.