Disapproving 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

Disapproves and nullifies a Bureau of Consumer Financial Protection rule titled "Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)," removing any force or effect from that specific regulation. The action prevents the cited CFPB rule from taking effect and preserves the regulatory status quo regarding how creditors and consumer reporting agencies may treat medical information until Congress or the agency takes other action.

• Nullifies the CFPB rule titled "Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)" published Jan. 14, 2025.
• Declares that the cited rule "shall have no force or effect," preventing it from being implemented or enforced.
• Does not add new rules, appropriations, or authorize programs — it only disapproves the specific regulation.
• Preserves the regulatory status quo for creditors and consumer reporting agencies with respect to the medical-information restrictions the rule would have imposed.
• Affects how medical information could be handled in consumer-finance contexts by blocking the rule’s prohibitions.