H.J.Res. 170House119th 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 "The Fair Credit Reporting Act's Limited Preemption of State Laws".

AI-Generated Summary

Updated May 1, 2026 at 11:32 AM UTC

This joint resolution uses the Congressional Review Act to reject a rule the Consumer Financial Protection Bureau (CFPB) submitted that would withdraw an existing regulation concerning the Fair Credit Reporting Act’s limited preemption of state laws. By disapproving the rule, Congress aims to keep the original regulation in place, meaning the rule will have no legal effect. The action primarily affects the CFPB’s regulatory authority over credit reporting and the interplay between federal and state consumer‑protection laws.

Key Provisions

Congress formally disapproves the CFPB’s rule that would withdraw the Fair Credit Reporting Act limited‑preemption regulation.
The disapproved rule is rendered ineffective and has no force or effect.

Legislative Activity

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1 earlier action

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

119th CONGRESS

2d Session

H. J. RES. 170

IN THE HOUSE OF REPRESENTATIVES

April 30, 2026

Ms. Waters 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 The Fair Credit Reporting Act’s Limited Preemption of State Laws.

That Congress disapproves 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 (87 Fed. Reg. 41042 (July 11, 2022)) (90 Fed. Reg. 20084 (May 12, 2025)), and such rule shall have no force or effect.