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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".
Disapproves BCFP rule that would remove notice requirements, keeping lenders obligated to inform borrowers before altering credit terms.
Start the Conversation
Be the first to share your thoughts on this petition. Your voice matters!