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".
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Committee
Latest Action · March 19, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
This joint resolution seeks to overturn a decision by the Consumer Financial Protection Bureau (CFPB) to withdraw a rule about "name-only matching procedures" in credit reporting. The CFPB originally created this rule in 2021 to limit how credit reporting agencies match consumer information, but then withdrew it in 2025. Senator Warnock introduced this resolution to disapprove of the CFPB's withdrawal, which would effectively restore the original 2021 rule that provided stronger consumer protections in credit reporting. The resolution would primarily affect consumers whose credit information is processed by credit reporting agencies, as well as the agencies themselves who would need to follow the stricter matching procedures. If passed by both chambers of Congress, this resolution would immediately nullify the CFPB's withdrawal and reinstate the consumer protection rule.
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