An amendment numbered 6 printed in Part B of House Report 116-383 to stipulate that if a credit scoring agency changes their model s uch that it may negatively impact the credit scores for a group of consumers, then the Consumer Financial Protection Bureau has the option to review the new model and prohibit the change if they find the change is inappropriate.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the Gottheimer amendment (A006) Agreed to by voice vote.

Records

Official amendment HAMDT 758 (116th) from United States at United States Congress. Status: On agreeing to the Gottheimer amendment (A006) Agreed to by voice vote..

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Related records

amends → Comprehensive Credit Reporting Enhancement, Disclosure, Innovation, and Transparency Act of 2020

Sources

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Official source: https://www.congress.gov/amendment/116th-congress/hamdt-758
Open data entity: https://api.congress.gov/v3/amendment/116/hamdt/758
us · 116-hamdt-758 · source updated 9 February 2022