S. J. RES. 28 is a joint resolution disapproving a new rule established by the Bureau of Consumer Financial Protection. This rule aimed to define larger participants in the market for general-use digital consumer payment applications. The resolution declares that the rule...
Simple Explanation
S. J. RES. 28 is like Congress saying "no" to a new rule about who is a big player in the world of apps we use to pay for things on our phones. They decided this rule shouldn't count or be used anymore.