I believe that the recent decision to withdraw the rule relating to "Fair Credit Reporting; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports" is a step in the right direction. It is important to ensure that consumer financial protection regulations are fair and effective. This decision may have a positive impact on individuals like myself who rely on accurate credit reporting for various financial transactions. It is crucial to prioritize the interests of consumers in these matters.
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".
10 days ago
Recent Activity Alert
The bill H.J.Res. 165 introduced in the 119th Congress on April 30, 2026, aims to provide for congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection that pertains to the withdrawal of the rule on "Fair Credit Reporting; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports." The bill seeks to address and potentially reverse actions related to consumer credit reporting rules as outlined by the Bureau of Consumer Financial Protection.
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