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SJRES 129 Advanced toward a vote

Overturns the Consumer Financial Protection Bureau's 2025 decision to withdraw its 2022 rule that limited when state consumer protection laws can be preempted by the Fair Credit Reporting Act, so that the 2022 rule would have no force or effect.

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 "The Fair Credit Reporting Act's Limited Preemption of State Laws".

Next stop Senate floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
Senate
Introduced 17-MAR-2026
Referred 17-MAR-2026
On the calendar 27-APR-2026
Key points
  • Disapproves the Consumer Financial Protection Bureau's rule withdrawing its 2022 rule on the Fair Credit Reporting Act's limited preemption of state laws
  • States that the withdrawal rule, published at 90 Fed. Reg. 20084 (May 12, 2025), has no force or effect
  • Relates to the 2022 rule published at 87 Fed. Reg. 41042 (July 11, 2022)
AI-generated from the Placed on Calendar Senate text of 27-APR-2026 · verify · report an error
Official CRS summary

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Committee referrals (1) Policy area

Finance and Financial Sector

Sponsor Catherine Cortez Masto (D-NV) Cosponsors · 0

No cosponsors.