This joint resolution would disapprove a rule the Bureau of Consumer Financial Protection (CFPB) submitted that would withdraw an earlier CFPB rule called "Fair Credit Reporting; Name-Only Matching Procedures" (published Nov. 10, 2021). The resolution says the submitted withdrawal rule (published May 12, 2025) "shall have no force or effect." The resolution was introduced in the House by Representative Bill Foster and referred to the Committee on Financial Services.
The text of the resolution says the CFPB's notice that would withdraw the 2021 name-only matching rule would be invalid and have no force or effect. No publicly available information about other effects or next steps is included in the bill text or metadata.
No publicly available information.
No publicly available information beyond the bill text and sponsor metadata.
No publicly available information beyond the bill text and sponsor metadata.