SJRES133119th CongressWALLET

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".

Sponsored By: Senator Lisa Blunt Rochester

Introduced

Summary

Preserves CFPB fair credit reporting and background-screening protections. This joint resolution would disapprove the Consumer Financial Protection Bureau's (CFPB) withdrawal notice for the "Fair Credit Reporting, Background Screening" rule and prevent that withdrawal, keeping the CFPB's prior background-screening rule in effect.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Keep CFPB background-screening protections

If enacted, this bill would nullify the CFPB notice that withdraws the agency's "Fair Credit Reporting; Background Screening" rule. That would stop the withdrawal from taking effect and keep the prior CFPB background-screening rule in place. You would keep limits on how employers and landlords use credit and background checks when applying for jobs or housing. The change would take effect upon enactment.

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Sponsors & CoSponsors

Sponsor

Lisa Blunt Rochester

DE • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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