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A 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; File Disclosure".

5/27/2026, 2:34 PM

Summary of Bill SJRES 127

The bill titled "A 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; File Disclosure'" was introduced in the 119th Congress as Senate Joint Resolution 127 on March 17, 2026. The purpose of this bill is to address and express congressional disapproval of a specific rule submitted by the Bureau of Consumer Financial Protection regarding the withdrawal of the "Fair Credit Reporting; File Disclosure" rule.

Current Status of Bill SJRES 127

Bill SJRES 127 is currently in the status of Bill Introduced since March 17, 2026. Bill SJRES 127 was introduced during Congress 119 and was introduced to the Senate on March 17, 2026.  Bill SJRES 127's most recent activity was Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2268) as of May 13, 2026

Bipartisan Support of Bill SJRES 127

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 SJRES 127

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill SJRES 127

A 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; File Disclosure".
A 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; File Disclosure".

Comments

Raven Spence profile image

Raven Spence

870

9 days ago

I think this bill is a bad idea because it takes away important protections for consumers when it comes to their credit reports. Without these rules in place, it could be easier for companies to make mistakes on our credit reports and for us to not even know about it. This could lead to higher interest rates on loans or even being denied credit altogether. It's important for us to have access to our credit reports so we can make sure they are accurate and fix any errors. This bill is not in the best interest of the American people and I hope it does not pass.