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 the withdrawal of the rule relating to "Fair Credit Reporting; File Disclosure".

S.J.Res. 127 is a binding joint resolution that would use the congressional disapproval process to block a regulatory action by the Bureau of Consumer Financial Protection (CFPB). Specifically, the resolution targets a CFPB rule that withdrew previous requirements related to fair credit reporting and file disclosure practices. If enacted, this resolution would prevent the CFPB from withdrawing those disclosure requirements. The bill was introduced in the Senate on March 17, 2026, and is currently under committee consideration. This type of joint resolution, if passed by both chambers and signed by the President, would have the force of law and could reverse the CFPB's regulatory action. For everyday citizens, the practical effect would depend on what specific disclosures the withdrawn rule had required—potentially affecting how credit reporting agencies must share information with consumers about their credit files and reports.