S.J.Res. 140Heading to a voteJobs & the economy
Senate moves to restore CFPB credit report accuracy rule
Data as of July 11, 2026
Congress is voting to undo the CFPB's 2025 cancellation of a 2021 rule protecting consumers from inaccurate credit report matches.45-second read · 4 questions answered below
Decoded
What does this do?
This resolution would block a May 2025 decision by the Consumer Financial Protection Bureau to cancel a 2021 consumer protection rule. That rule addressed name-only matching, a practice where credit reporting companies link negative financial information to someone's credit file using only their name, without checking other identifying details. If this resolution passes, the cancellation would have no legal effect and the original 2021 rule would be restored.
Who does it affect?
Everyday consumers whose credit reports could be affected by inaccurate information are most directly involved. Credit reporting companies and lenders that use credit reports are also affected.
Why does it matter?
Without the 2021 rule in place, credit reporting companies could continue matching negative financial information to a person's file based on name alone, which can lead to inaccurate credit reports. If this resolution passes, that matching practice would again be regulated under the restored rule.
Where does it stand?
- Introduced
- Senate committee
- Senate vote — You are here
- House
- President's desk
Right now: it's headed for a Senate floor vote. If the House changes it, it goes back to the Senate before reaching the President.
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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 "Fair Credit Reporting; Name-Only Matching Procedures".
- Introduced:
- March 19, 2026
- Latest action:
- April 27, 2026
Placed on Senate Legislative Calendar under General Orders. Calendar No. 392.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.