Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2026-04-13
Congress is considering blocking a Consumer Financial Protection Bureau rule that would have created a public registry of nonbank financial companies (like payday lenders or debt collectors) that have violated consumer protection laws or faced court orders. If approved, this resolution would prevent that registry from taking effect, keeping information about these companies' violations private rather than publicly available. The measure affects consumers who deal with nonbank financial services and the companies themselves.