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 "Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)".

Bill 119 SJRes 36 is a joint resolution that aims to disapprove of a rule submitted by the Bureau of Consumer Financial Protection regarding the "Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)." The rule in question seeks to prevent creditors and consumer reporting agencies from using medical information to make decisions about a consumer's creditworthiness.

If passed, this resolution would essentially nullify the rule put forth by the Bureau of Consumer Financial Protection. The resolution falls under chapter 8 of title 5 of the United States Code, which allows Congress to review and potentially overturn regulations issued by federal agencies.

Supporters of the resolution argue that the rule could potentially limit access to credit for individuals with medical debt, as creditors may be hesitant to extend credit to those with medical issues. They also argue that the rule could lead to increased costs for consumers, as creditors may need to adjust their practices to comply with the new regulations. Opponents of the resolution, on the other hand, believe that the rule is necessary to protect consumers from discrimination based on their medical history. They argue that using medical information to make credit decisions can be unfair and discriminatory, and that the rule is an important step towards ensuring that consumers are treated fairly by creditors and consumer reporting agencies. Overall, Bill 119 SJRes 36 is a contentious piece of legislation that raises important questions about the balance between consumer protection and access to credit. It will be interesting to see how Congress ultimately decides to address this issue.