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".
Sponsored by Fields, Cleo (Democrat-LA-6) · House · Introduced Apr 30, 2026
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Plain-English Summary (AI-assisted)
This bill seeks to block the Consumer Financial Protection Bureau (CFPB) from withdrawing a rule that protects borrowers' credit terms. If passed, it would prevent the CFPB from rescinding protections related to when creditors can unfavorably change the terms of existing credit arrangements.
Legislative Status Timeline
Introduced
Apr 30, 2026
In Committee
Apr 30, 2026
Passed House
Pending
Passed Senate
Pending
Presidential Action
Pending
Sponsor
Fields, Cleo
Independent · LA-6
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