Providing for congressional disapproval under chapter 8 of title...
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".
This bill, HJR184, seeks to allow Congress to disapprove a rule from the Bureau of Consumer Financial Protection. The rule in question deals with the withdrawal of regulations related to "Fair Credit Reporting; File Disclosure". Essentially, the bill proposes to give Congress the power to reject this specific rule if they believe it should not stand.
The bill would primarily affect those involved in consumer financial protection and credit reporting, including consumers, credit bureaus, and financial institutions. If passed, it could impact how financial institutions disclose information to consumers and the regulations governing these disclosures.
As of May 13, 2026, HJR184 has been introduced in the House and referred to the House Committee on Financial Services. The bill is currently in its early stages, with no further action taken beyond its introduction and referral to committee. Future steps will include committee review, potential amendments, and a vote in the House.