H.J.Res. 165 — 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; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports".

H.J.Res. 165 — 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; Permissible Purposes for Furnishing, Using, and Obtaining Consumer Reports". | JustPolicyThe main purpose of this legislative text is to allow Congress to disapprove a recent decision made by the Bureau of Consumer Financial Protection (BCFP). Specifically, it targets the BCFP's action to withdraw a rule that governs how consumer credit reports can be used, shared, and obtained. The objective is to maintain the existing protections and regulations that ensure fair credit reporting practices.