Bill · H.J.Res. 177· House(119-HJRES-177)
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; Name-Only Matching Procedures".
- Introduced
- 5/7/2026
- Last activity
- 5/7/2026 — Referred to the House Committee on Financial Services.
- Sponsored by
- Bill Foster
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This joint resolution aims to express congressional disapproval of a specific rule submitted by the Bureau of Consumer Financial Protection. The rule in question involves the withdrawal of a previous rule regarding "Fair Credit Reporting; Name-Only Matching Procedures." If passed, the resolution states that the rule shall have no force or effect. This action is being taken under chapter 8 of title 5, United States Code.
Yes· 3 of 9
Does this give people more protection from unfair business practices?+5
The resolution prevents the withdrawal of name-only matching procedures, which helps maintain existing consumer protections under the Fair Credit Reporting Act.
Would households on low incomes be better off under this?+3
Maintaining name-only matching procedures can help protect consumers from credit errors that disproportionately affect those monitoring their financial standing.
Would middle-income households be better off under this?+3
The preservation of these credit reporting standards provides stability for consumer financial data.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Prevention of Rule Withdrawal: By disapproving the rule that sought to withdraw the "Fair Credit Reporting; Name-Only Matching Procedures" rule, this resolution could keep the original procedures in place. (Text of the Resolution)
Potential Negative Impacts for People
- No Negative Impacts Identified: The provided text does not contain information regarding potential negative consequences or burdens for individuals or groups.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For African Americans+3Good For Asian Americans+3Good For Hispanic Americans+3Good For Low Income Households+3Good For Middle Class Households+3Good For White Americans+3Good For Urban Residents+2
- Economy And Finance
- Improves Consumer Protection+5
- Governance And Ideology
- Improves Government Transparency+2
- 5/7/2026
- Referred to the House Committee on Financial Services.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.