# 119-hr-2885: Bank Loan Privacy Act

119-hr-2885, Bank Loan Privacy Act, is a 119th Congress bill sponsored by Rep. Rose, John W. [R-TN-6] (R-TN); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-2885
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-2885
- Congress: 119
- Title: Bank Loan Privacy Act
- Status: introduced
- Introduced: 2025-04-10
- Sponsor: Rep. Rose, John W. [R-TN-6] (R-TN)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Requires formal notice-and-comment rulemaking before the Bureau of Consumer Financial Protection deletes or modifies small business loan data under the Equal Credit Opportunity Act.** This bill would make the Bureau publish proposed changes, describe what data it plans to alter or remove, and explain how those changes advance privacy interests. - Small businesses: Their loan records could not be unilaterally deleted or edited by the Bureau without a public rulemaking that states the intended modifications and the privacy justification. - Lenders and data users: Banks, credit reporters, and researchers would get advance notice and an opportunity to comment before data they rely on is changed. - The Bureau and the public: The Bureau would be required to tie any deletions or edits explicitly to a stated privacy interest and to explain that link in a notice-and-comment rulemaking, increasing procedural safeguards and transparency.

## Cosponsors (2)

- Rep. De La Cruz, Monica [R-TX-15] (R-TX), 2025-04-10T00:00:00.000Z
- Rep. Barr, Andy [R-KY-6] (R-KY), 2025-05-20T00:00:00.000Z

## Provisions PRIA read

- Public rule before CFPB changes loan data: benefit, low. If enacted, the Consumer Financial Protection Bureau would have to issue a public rule before deleting or changing small-business loan data. The rule would go through notice and comment. It would list the planned changes and explain how they protect privacy. This would limit quiet, unilateral data…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-7548: SCAM Act
- 119-hr-1181: Protecting Privacy in Purchases Act
- 119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026

## Sources
- [119-hr-2885 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2885)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-7548: SCAM Act](https://policyrisk.com/legislation/119-hr-7548)
- [119-hr-1181: Protecting Privacy in Purchases Act](https://policyrisk.com/legislation/119-hr-1181)
- [119-hr-10184: Consumer Financial Protection Accountability and Reform Act of 2026](https://policyrisk.com/legislation/119-hr-10184)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-2885 (as of 2025-12-21).