Sen. Warnock Moves to Block CFPB Rule Allowing Name-Only Credit Report Matching
Small business owners rely on personal credit to secure loans and financing. Errors from name-only matching can wrongly lower their credit scores, making it harder to get capital. Keeping the stricter matching rule in place helps ensure their credit reports are accurate.
Motion to proceed to consideration of measure rejected in Senate by Voice Vote. (consideration: CR S2267)
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Placed on Senate Legislative Calendar under General Orders. Calendar No. 392.
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Senate Committee on Banking, Housing, and Urban Affairs discharged, by petition, pursuant to 5 U.S.C. 802(c).
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Introduced in Senate
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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; Name-Only Matching Procedures".
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