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 "The Fair Credit Reporting Act's Limited Preemption of State Laws".
Bill Summary
Repeals a decision by the Bureau of Consumer Financial Protection to withdraw a rule related to fair credit reporting, effectively reinstating the original rule. Requires the Bureau to enforce the original rule.
Sponsored By
Bill Journey
- Apr 30, 2026
- Apr 30, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects consumers and businesses by potentially changing how credit reporting agencies share and use consumer data, and impacts state governments by determining the extent to which they can regulate credit reporting practices.
Impact Areas
Support & Opposition
- Democratic1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Economy
- Retail
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.