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 "Bulletin 2015-07 re: in-person collection of consumer debt".
Sponsored By: Senator John Hickenlooper
Introduced
Summary
Preserves Bulletin 2015-07 on in-person consumer debt collection. The bill disapproves the Bureau of Consumer Financial Protection’s rule that would withdraw Bulletin 2015-07 (on in-person collection of consumer debt) and declares that withdrawal to have no force or effect.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Keep in-person debt collection guidance
This bill would disapprove the CFPB rule that withdrew Bulletin 2015-07 (Dec. 16, 2015). The withdrawal rule is identified at 90 Fed. Reg. 20084 (May 12, 2025). If enacted, the withdrawal rule would have no force or effect. That would keep the CFPB's 2015 guidance on in-person debt collection in place, preserving protections for consumers who face in-person collection and maintaining expectations for debt collectors.
Sponsors & CoSponsors
Sponsor
John Hickenlooper
CO • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov