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".
Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2267)
Summary
The Senate introduced a joint resolution that tells the Consumer Financial Protection Bureau (CFPB) its recent rule change—removing the “Fair Credit Reporting; Name‑Only Matching Procedures” rule—has no legal effect. If adopted, the rule would be nullified, keeping the original name‑only matching requirements in place. The measure reflects concerns that the withdrawal could affect how credit bureaus verify consumer identities.
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