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Under section 1024 of the Consumer Financial Protection Act (CFPA), the CFPB is authorized to supervise certain nonbank covered persons for compliance with federal consumer financial laws and for other purposes. Under section 1024(a)(1)(B) of the CFPA, for certain markets, the supervision program generally will apply only to "larger participant[s]" of these markets as defined by rule. The CFPB has previously defined larger participants in several markets and has finalized a rule to define larger participants in a market for general-use digital consumer payment applications. However, Congress passed a joint resolution under the Congressional Review Act disapproving the rule, which was signed by the President. The rule is no longer in effect.