Cleo Fields

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 "Equal Credit Opportunity (Regulation B); Revocations or Unfavorable Changes to the Terms of Existing Credit Arrangements".

Congress would reject a decision by the Consumer Financial Protection Bureau to withdraw protections that prevent lenders from unfairly changing or canceling credit terms based on discriminatory reasons. If passed, this would keep the existing anti-discrimination rules in place for credit products like loans and credit cards, protecting borrowers from lenders who might otherwise penalize them based on protected characteristics. The measure affects consumers seeking credit and the financial institutions that provide it.

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 "Application of Regulation Z's Ability-To-Repay Rule to Certain Situations Involving Successors-In-Interest".

Congress would reject a recent decision by the Consumer Financial Protection Bureau to withdraw protections that required lenders to verify borrowers could actually afford their loans before approving them. This would restore rules that applied to situations where someone takes over another person's mortgage or loan obligation. The change would reinstate lending standards that protect consumers from being approved for loans they cannot repay.

DPA Advanced Procurement Act of 2026

This bill would expand the federal government's ability to use emergency procurement powers to quickly acquire goods and services during crises without going through normal competitive bidding processes. It would likely give agencies more flexibility to work directly with suppliers during national emergencies, natural disasters, or other urgent situations where speed matters more than traditional purchasing rules. The changes would affect how federal agencies buy everything from emergency supplies to equipment, potentially allowing them to bypass some oversight requirements when time is critical.

Supporting Teachers Through Tax Fairness Act

This bill would likely provide tax relief or deductions for teachers to help offset their classroom expenses and improve their financial situation. Teachers often spend their own money on school supplies and materials, so the bill probably aims to make it easier for them to deduct these costs when filing taxes or reduce their overall tax burden. The proposal is currently being reviewed by the House committee that handles tax policy.

Snap Delivery Modernization Act of 2025

The legislation would update rules for how SNAP benefits (food stamps) can be used for online grocery delivery services, allowing more retailers to participate in delivery programs and making it easier for low-income families to shop for groceries without leaving home. The changes would modernize the program to reflect how people actually shop today while maintaining safeguards to ensure benefits are used appropriately. This would primarily affect SNAP recipients, grocery retailers, and delivery services.

To amend the Internal Revenue Code of 1986 to establish a refundable childhood education tax credit with monthly advance payments.

The proposal would create a new tax credit for families with children that could be claimed on tax returns, with the added feature of receiving monthly payments throughout the year rather than waiting until tax time. Eligible families would receive these advance payments directly, similar to how the expanded child tax credit worked during the pandemic, making it easier for parents to manage education-related expenses. The credit would be refundable, meaning families could receive money back even if they owe no taxes.

To require the Bureau of Consumer Financial Protection and the Federal Trade Commission to conduct a study on use of additional key factors in credit scoring models, and for other purposes.

The government would require two financial watchdog agencies to study whether credit scores could be improved by including additional information beyond traditional factors like payment history and debt levels. The study would examine whether using alternative data—such as rent payments, utility bills, or other financial behaviors—could help lenders make better lending decisions and potentially help people with limited credit histories access loans. This could affect both consumers trying to borrow money and financial companies that use credit scores to decide who qualifies for loans.