S.J.Res. 127 — 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; File Disclosure".

S.J.Res. 127 — 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; File Disclosure". | JustPolicyThe main purpose of this legislative text is to express Congress's disapproval of a specific action taken by the Bureau of Consumer Financial Protection (BCFP). The BCFP had previously decided to withdraw a rule that governed how consumer credit information is disclosed. This resolution aims to reinstate that rule, ensuring that it remains in effect. Key provisions of this resolution include a formal disapproval of the BCFP's withdrawal of the "Fair Credit Reporting; File Disclosure" rule.