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; Background Screening".
Background Checks: Resolution to Block CFPB Rule Change
Legislative Progress
Key Points
- Sen. Blunt Rochester introduced a proposal to stop the Consumer Financial Protection Bureau (CFPB) from changing rules about background checks. This action aims to cancel a specific decision the agency made regarding how background screening companies are regulated.
- Background checks are a major part of life for many Americans because they are used by landlords and employers to decide who gets an apartment or a job. This resolution seeks to prevent the agency from rolling back or changing the rules that these screening companies must follow.
- This is part of a process where Congress can vote to strike down rules made by government agencies. If this resolution passes and becomes law, the CFPB's recent rule change would be completely erased, keeping the older standards in place.
Impact Analysis
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Milestones
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
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News
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Source Information
Document Type
Congressional Bill
Official Title
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; Background Screening".
Data Sources
Sponsor
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