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 "Consumer Financial Protection Circular 2022-07: Reasonable Investigation of Consumer Reporting Disputes".
About This Bill
Committee
Latest Action · April 13, 2026
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
This joint resolution uses Congress's authority to reject federal agency rules and would disapprove of the Consumer Financial Protection Bureau's decision to withdraw its 2022 guidance on how credit reporting agencies must investigate consumer disputes. The legislation blocks the CFPB's May 2025 withdrawal action, meaning the original 2022 guidance on reasonable investigation procedures would remain in effect. The resolution does not provide additional funding or establish new timelines, as it simply reverses an agency action already taken. This affects credit reporting companies and consumers who dispute errors on their credit reports, as the original guidance would continue to set standards for how thoroughly agencies must investigate these disputes. The resolution was introduced by Senator Duckworth and referred to the Senate Banking Committee.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.