A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to the withdrawal of the rule relating to "Debt Collection Practices (Regulation F); Deceptive and Unfair Collection of Medical Debt"

Progress

Timeline

• Mar 19Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

This joint resolution would block a Consumer Financial Protection Bureau (CFPB) rule change regarding medical debt collection practices. **What it does:** Uses congressional authority to disapprove and prevent implementation of a CFPB rule that withdrew protections against deceptive and unfair medical debt collection practices. **Who it affects:** - Consumers with medical debt - Debt collection agencies - Healthcare providers - Credit reporting agencies **What would change:** If passed, this resolution would restore stricter regulations on how medical debt can be collected, potentially including: - Limits on aggressive collection tactics - Requirements for clearer communication about medical debts - Protections against certain unfair practices when collecting medical bills The resolution is currently in committee, meaning lawmakers are still reviewing it. This is part of Congress's oversight power to review and potentially overturn federal agency rules they disagree with. **Current status:** Under consideration in committee - not yet voted on by the full Congress.

How This Affects You