Senate
May 13, 2026A joint resolution 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 "Fair Credit Reporting; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports".
Summary
AI Generated
What the bill does: This bill stops the Consumer Financial Protection Bureau (CFPB) from canceling a 2022 rule. That rule limits when companies can get, use, or share people's credit reports. By blocking the cancelation, the bill keeps the protections for credit reports in place. Key impacts: Who benefits: Everyday people get...
Bill Progress
Committee is reviewing, marking up, or holding hearings on the bill
Introduced(3/25/26)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
RW
Mr. Wyden
Senate (D) Oregon
Topics
Issues
Latest Action
Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2266-2267)
May 13, 2026
View Bill on Congress.gov