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US SJR145

Joint Resolution

Status

Introduced

3/25/2026

Primary Sponsor

Ron Wyden

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Origin

Senate

119th Congress

AI Summary

  • Congressional disapproval resolution under the Congressional Review Act (5 U.S.C. Chapter 8) targeting a CFPB rule withdrawal published May 12, 2025 (90 Fed. Reg. 20084)

  • Nullifies the CFPB's withdrawal of its July 12, 2022 rule on "Fair Credit Reporting; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports" (87 Fed. Reg. 41243)

  • Introduced by Senator Wyden on March 25, 2026 and referred to the Senate Committee on Banking, Housing, and Urban Affairs

  • If enacted, the CFPB's withdrawal rule would have no force or effect, effectively reinstating the original 2022 fair credit reporting rule

Legislative Description

A 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".

Finance and financial sector

Last Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 394.

4/27/2026

Committee Referrals

Banking, Housing, And Urban Affairs3/25/2026

Full Bill Text

No bill text available