H.J.Res. 170 — 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".

H.J.Res. 170 — 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". | JustPolicyThe main purpose of this legislative text is to express Congress's disapproval of a specific rule that was put forward by the Bureau of Consumer Financial Protection. This rule involved the withdrawal of a previous regulation concerning the Fair Credit Reporting Act, which had limited the ability of state laws to regulate credit reporting practices. The key provision of this resolution is that it formally rejects the Bureau's decision to withdraw the rule.