Sen. Whitehouse Introduces Resolution to Block CFPB Rule on State Credit Reporting Laws
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 "Fair Credit Reporting Act; Preemption of State Laws".
This bill is currently in the early stages of the legislative process. It has been sent to the Senate Committee on Banking, Housing, and Urban Affairs for review. No further actions are scheduled at this time.
Passage Likelihood
Legislative Progress
Key Points
- This resolution would cancel a CFPB rule about how federal credit reporting law overrides state laws. If passed, the rule would lose all legal authority.
From policy text
“Congress disapproves the rule submitted by the Bureau of Consumer Financial Protection relating to ``Fair Credit Reporting Act; Preemption of State Laws'' (90 Fed. Reg. 48710 (October 28, 2025)), and such rule shall have no force or effect.”
View in full text - The CFPB rule in question was published in October 2025 and addressed which state consumer protection laws related to credit reporting are blocked ("preempted") by the federal Fair Credit Reporting Act. Without this rule, states may have more freedom to enforce their own stricter credit reporting protections.
From policy text
“the rule submitted by the Bureau of Consumer Financial Protection relating to ``Fair Credit Reporting Act; Preemption of State Laws'' (90 Fed. Reg. 48710 (October 28, 2025))”
View in full text - Sen. Whitehouse introduced this resolution using the Congressional Review Act, a special fast-track process that lets Congress vote to throw out recently finalized agency rules. If it passes and is signed into law, the CFPB would be blocked from issuing a substantially similar rule in the future unless Congress passes a new law allowing it.
From policy text
“Providing for congressional disapproval under chapter 8 of title 5, United States Code”
View in full text - This matters to consumers because credit reports affect your ability to get loans, rent apartments, and sometimes even get jobs. The outcome determines whether states can add extra layers of protection beyond what federal law requires.
Impact Analysis
Personal Impact
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.
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 "Fair Credit Reporting Act; Preemption of State Laws".
Data Sources
Sponsor
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