Maintains guidance on unfair contract terms for consumers.
This bill would stop a government agency from removing its guidance on unfair contract terms in financial agreements. If passed, the Bureau of Consumer Financial Protection's rule to withdraw its circular on unlawful contract terms would be canceled. This means consumers would continue to benefit from the guidance on unlawful contract terms.
Today, a rule from the Bureau of Consumer Financial Protection (BCFP) would withdraw guidance on unfair contract terms. If this bill passes, that withdrawal rule would be canceled. This means the guidance on what makes contract terms unlawful or unenforceable would effectively remain in place for consumers and financial companies.
HJRES 185 · 119th Congress · May 13, 2026 · AI Summary by gemini-2.5-flash · 10/10
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