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 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer".

This bill seeks to overturn a specific rule issued by the Bureau of Consumer Financial Protection that would have removed previous restrictions on how financial institutions advertise remittance transfer fees and speeds. By using a congressional disapproval process, the measure aims to reinstate the earlier regulations that prohibited misleading claims about the cost or timing of sending money home. If passed, the bill would prevent the Bureau from enforcing the new guidelines that allowed for more flexible marketing practices regarding international money transfers. The legislation directly impacts banks, money transfer services, and consumers who rely on these financial tools.