US Federal Senate Bill SJR36

US Federal 2025-2026 Regular Session

• Introduced: 3/11/25
• Refer: 3/11/25

Caption

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 "Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)".

Summary

SJR36 is a joint resolution under the Congressional Review Act that would overturn a Consumer Financial Protection Bureau rule titled “Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V).” If enacted, the resolution would nullify the CFPB rule and prevent it from taking effect, making the rule have no force or effect. The underlying CFPB rule appears aimed at restricting how creditors and consumer reporting agencies may use or handle medical information in credit and reporting contexts. This resolution does not create a new regulatory framework; instead, it is a direct disapproval of the agency rule and would preserve the status quo by blocking the CFPB’s medical-information protections from being implemented.

Impact

The bill would affect federal consumer financial protection law by using chapter 8 of title 5, United States Code, to disapprove a CFPB regulation. Its practical effect would be to remove the rule from operation and bar the agency from enforcing that specific medical-information restriction unless Congress later authorizes a similar policy through new legislation. The resolution would primarily affect creditors, consumer reporting agencies, and consumers whose medical information may be used in credit-related decisions or reporting.

Sentiment

Based on the bill’s sponsorship and the absence of recorded committee debate or votes in the provided materials, the available evidence suggests support among the sponsoring senators for blocking the CFPB rule. The resolution was introduced by several Republican senators and referred to the Senate Banking Committee, indicating an early-stage measure with no documented bipartisan consensus in the materials provided. No formal vote history or hearing record is included here to show broader sentiment.

Contention

The main point of contention is the CFPB’s authority and policy judgment in restricting the use of medical information by creditors and consumer reporting agencies. Supporters of the resolution likely view the rule as an overreach or an unnecessary constraint on credit markets, while opponents would likely argue that the rule protects consumer privacy and limits the use of sensitive health information in financial decisions. Because no committee transcript or vote record is provided, the specific arguments on each side are not documented in the supplied materials.