Congress·In Committee·H.J.Res. 175

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 "Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer".

Money Transfers: Blocking Changes to Marketing Rules

May 4·View on Congress.gov·Read full text

Next up: A house committee

This bill is in the early stages of the legislative process and was sent to the House Committee on Financial Services on May 3, 2026. The committee must review the bill before it can move forward, but no further action has occurred since it was introduced. Most bills do not receive a committee vote, so this proposal is currently stalled.

Legislative Progress

House

Senate

President

Law

Unlikely to pass

Resolutions to block agency rules rarely pass unless the majority party is united against the agency's action.

Key Points

This plan would stop a government agency from canceling rules that protect people sending money to family in other countries. It wants to keep strict rules that stop companies from using dishonest ads.
The rules help make sure companies do not lie about how fast a money transfer will get there or how much it will really cost. If these rules are removed, companies might hide fees or make false promises about delivery times.
This matters to many families who rely on sending money across borders. By blocking the change, the government would keep the power to punish companies that trick their customers with misleading claims.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.

Milestones

2 milestones2 actions

May 4, 2026House

Referred to the House Committee on Financial Services.

May 4, 2026

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

No votes or news coverage recorded for this bill yet.

Source Information

Document Type

Congressional Bill

Official Title

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 "Consumer Financial Protection Circular 2024-02: Deceptive Marketing Practices About the Speed or Cost of Sending a Remittance Transfer".

Bill NumberHJRES 175

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Financial Services.

Data Sources

Congress.gov

Official legislative information

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Sponsor

Analysis generated by AI. Always verify with official sources.