Bill · S.J.Res. 140· Senate(119-SJRES-140)
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; Name-Only Matching Procedures".
- Introduced
- 3/19/2026
- Last activity
- 5/13/2026 — Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2267)
- Sponsored by
- Raphael Warnock
- Cosponsors
- None
- Introduced
What this bill would do
This joint resolution aims to provide congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection. The rule in question relates to the withdrawal of a previous rule titled ``Fair Credit Reporting; Name-Only Matching Procedures''. If passed, the resolution would ensure that the Bureau's rule has no force or effect. The resolution was introduced by Mr. Warnock and placed on the calendar.
Yes· 3 of 8
Would households on low incomes be better off under this?+2
Preventing the withdrawal of specific credit reporting rules maintains consumer safeguards that assist those building credit.
Does this give the federal government more power?+2
The resolution utilizes congressional authority to override a regulatory decision by a federal agency.
Would middle-income households be better off under this?+1
Accurate credit reporting is beneficial for all consumers managing personal finances and credit scores.
The opposite
Does this give people more protection from unfair business practices?-3
By disapproving the rule that sought to withdraw previous name-only matching procedures, this resolution effectively maintains or reinstates stricter consumer protections regarding credit reporting accuracy.
Who it would affect, and how
Potential Positive Impacts for People
The provided text does not contain information regarding specific positive impacts or benefits for individuals or groups of people.
Potential Negative Impacts for People
The provided text does not contain information regarding specific negative impacts or burdens for individuals or groups of people.
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 Low Income Households+2Good For African Americans+1Good For Asian Americans+1Good For Hispanic Americans+1Good For Middle Class Households+1Good For Native Americans+1Good For White Americans+1
- Economy And Finance
- Improves Consumer Protection-3
- Governance And Ideology
- Increases Federal Power+2
- 5/13/2026
- Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2267)
- 4/27/2026
- Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 392.
- 3/19/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate
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.