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

The rule involves banks reopening deposit accounts that consumers had previously closed. **Who it affects:** - Bank customers who have closed deposit accounts - Banks and financial institutions that handle deposit accounts - The CFPB's regulatory authority **What would change:** If passed, this resolution would stop the CFPB rule from being implemented or enforced. This means the previous regulations about reopening closed deposit accounts would remain in place, and banks would continue operating under existing rules rather than the new CFPB guidance. **Current status:** The resolution is still in committee and has not been voted on by Congress. This is part of Congress's oversight power to review and potentially block federal agency regulations through the Congressional Review Act.