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H.J.Res. 165House119th Congress (2025-2027)In Committee

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".

Sponsored by Brittany PettersenRep. Brittany Pettersen (D-CO)
Introduced April 30, 2026

AI-Generated Summary

Updated May 1, 2026 at 10:03 AM UTC

This joint resolution asks Congress to use the Congressional Review Act to reject a rule the Consumer Financial Protection Bureau submitted that would withdraw an existing regulation on the permissible purposes for furnishing, using, and obtaining consumer credit reports. If the resolution is adopted, the withdrawn rule would be nullified and the original fair credit reporting requirements would remain in effect.

Key Provisions

  • Congress disapproves the CFPB rule that seeks to withdraw the "Fair Credit Reporting; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports" regulation.
  • The disapproved rule is declared to have no force or effect, keeping the prior rule in place.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

Financial Services Committee

April 30, 2026

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HouseIntro Referral

Introduced in House

April 30, 2026

HouseIntro Referral

Referred to the House Committee on Financial Services.

Financial Services Committee

April 30, 2026

Bill Text

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Introduced in HouseIssued April 30, 2026

IA

119th CONGRESS

2d Session

H. J. RES. 165

IN THE HOUSE OF REPRESENTATIVES

April 30, 2026

Ms. Pettersen submitted the following joint resolution; which was referred to the Committee on Financial Services

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; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports.

That Congress disapproves 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 (87 Fed. Reg. 41243 (July 12, 2022)) (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.