Andy Kim (D-NJ)
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; File Disclosure".
A Democratic resolution with no cosponsors
Last activity — Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2268)
Introduced, nothing more yet
Formally proposed, and not yet handed to a committee.
Nearly every bill is sent to a committee within days. Introduction alone is not a sign of support, of momentum, or of any likelihood of passing — any member may introduce any bill.
Its path through Congress
- Introduced
What this bill would do
This joint resolution seeks to express congressional disapproval of a rule submitted by the Bureau of Consumer Financial Protection. The rule in question involves the withdrawal of a previous rule regarding "Fair Credit Reporting; File Disclosure." If passed, this resolution would ensure that the rule submitted by the Bureau has no force or effect.
Yes· 3 of 4
- Scored +2
Would households on low incomes be better off under this?
Maintaining credit disclosure rules generally supports the rights of low-income consumers to access their credit information.
- Scored +2
Would middle-income households be better off under this?
Preserving credit reporting rules protects middle-income consumers' ability to monitor their financial standing.
- Scored +1
Would people in cities be better off under this?
Ensuring credit disclosure rules remain in effect protects consumers regardless of location.
The opposite
- Scored -3
Does this give people more protection from unfair business practices?
By disapproving the withdrawal of the rule, the resolution seeks to maintain existing consumer protections regarding credit file disclosures.
Who it would affect, and how
Potential Positive Impacts for People
The provided text does not contain specific details explaining the practical impact or benefits of the underlying credit reporting rules or their withdrawal. Therefore, I cannot identify specific positive outcomes or benefits for individuals.
Potential Negative Impacts for People
The provided text does not contain specific details explaining the practical impact or burdens of the underlying credit reporting rules or their withdrawal. Therefore, I cannot identify specific negative consequences or burdens for individuals.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Maintaining credit disclosure rules generally supports the rights of low-income consumers to access their credit information. Would middle-income households be better off under this? — Preserving credit reporting rules protects middle-income consumers' ability to monitor their financial standing. Would people in cities be better off under this? — Ensuring credit disclosure rules remain in effect protects consumers regardless of location.
- Economy And Finance
- Does this give people more protection from unfair business practices? — By disapproving the withdrawal of the rule, the resolution seeks to maintain existing consumer protections regarding credit file disclosures.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The resolution exercises congressional oversight over a regulatory action by the Bureau of Consumer Financial Protection.
- 5/13/2026
- Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2268)
- 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. 383.
- 3/17/2026
- 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.