Blocks Withdrawal of Credit Reporting Rule

Official: 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".

IntroducedMarch 19, 2026

Finance and Financial SectorAdministrative law and regulatory proceduresCongressional oversightConsumer Financial Protection BureauConsumer credit

Why This Matters

This resolution disapproves the Bureau of Consumer Financial Protection's decision to withdraw a rule about fair credit reporting procedures.

If you rely on accurate credit reports, this resolution helps keep protections in place against errors in reporting.

Affects: This affects consumers who use credit reports for loans, mortgages, and other financial services.

What does this resolution do?

1. This resolution stops the Bureau of Consumer Financial Protection from withdrawing a specific rule on credit reporting. 2. The rule focuses on how names are matched in credit reports to ensure accuracy. 3. Without this resolution, the withdrawal could lead to more errors in credit reporting. 4. Consumers who rely on accurate credit reports for loans and mortgages may be affected.

Who is affected?

This affects consumers who use credit reports for loans, mortgages, and other financial services.

Read full document