H. J. RES. 59 is a resolution that aims to disapprove a specific rule submitted by the Bureau of Consumer Financial Protection. This rule pertains to "Overdraft Lending: Very Large Financial Institutions," as published in the Federal Register on December 30, 2024. If passed,...
Simple Explanation
H. J. RES. 59 is like saying "no" to a new rule about bank overdrafts before it's officially started, but it doesn't explain why they're saying no or what will happen next.