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To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.

9/22/2025, 3:34 PM

Summary of Bill HR 5083

The bill, designated as H.R. 5083 in the 119th Congress and introduced on September 2, 2025, aims to mandate the Bureau of Consumer Financial Protection and the Federal Trade Commission to undertake a study focusing on incorporating extra key factors into credit scoring models.

Current Status of Bill HR 5083

Bill HR 5083 is currently in the status of Bill Introduced since September 2, 2025. Bill HR 5083 was introduced during Congress 119 and was introduced to the House on September 2, 2025.  Bill HR 5083's most recent activity was Referred to the House Committee on Financial Services. as of September 2, 2025

Bipartisan Support of Bill HR 5083

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5083

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 5083

To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.
To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.

Comments

Salem Hansen profile image

Salem Hansen

865

6 months ago

This bill is so dumb! Why do we need a study on credit scores? It's just gonna waste time and money. I don't see how this is gonna help anyone. It's just a bunch of nonsense. Who even benefits from this? It's ridiculous.

Sponsors and Cosponsors of HR 5083

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