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 "Procedures for Supervisory Designation Proceedings".

This joint resolution seeks to disapprove a rule from the Bureau of Consumer Financial Protection that would remove existing procedures for supervisory designation proceedings. The measure directly affects the Bureau's regulatory authority and would prevent the withdrawal of the previous rule governing how financial institutions are designated for supervisory oversight. If passed, the resolution would nullify the Bureau's proposed rule change, keeping the original supervisory designation procedures in place. The bill is a procedural action that uses the Congressional Review Act to reject a specific federal agency regulation.