H. J. RES. 201 is a proposal for Congress to disapprove a specific rule from the Bureau of Consumer Financial Protection. This rule, published on July 8, 2024, concerns the "Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders." If Congress passes...
Simple Explanation
H. J. RES. 201 is like saying, "Hey, we don't want this new rule about a special list of companies to matter anymore," and if Congress agrees, then the rule will be gone.