Disapproving the rule submitted by the Consumer Financial Protection Bureau relating to "Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)".

Summary

This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Small Business Lending under the Equal Credit Opportunity Act (Regulation B) and published on May 31, 2023. The rule requires financial institutions to collect and report to the bureau credit application data for small businesses. On July 31, 2023, the U.S. District Court for the Southern District of Texas ordered the bureau not to implement or enforce the rule until a related pending case is resolved.

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6 official files

• Reported in House (text)

  Reported in House · EN · 28 November 2023

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• Reported in House (PDF)

  Reported in House · EN · 28 November 2023

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• Reported to House

  summary · EN · 28 November 2023

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• Introduced in House (text)

  Introduced in House · EN · 31 May 2023

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• Introduced in House (PDF)

  Introduced in House · EN · 31 May 2023

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• Introduced in House

  summary · EN · 31 May 2023

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