S. J. RES. 28 is a joint resolution aiming to overturn a specific rule created by the Bureau of Consumer Financial Protection. This rule defines what constitutes "larger participants" in the market for general-use digital consumer payment applications. The resolution,...
Simple Explanation
S. J. RES. 28 is about stopping a rule that sets the rules for who is a big player in making apps for paying with phones. Two people in the Senate want this rule to not work anymore, but the reasons for doing this aren't very clear.