This measure would disapprove a new Consumer Financial Protection Bureau rule about how lenders and credit bureaus handle medical information. In plain terms, Congress is moving to reject that rule, which deals with the “Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V)” .

If this takes effect, it would stop that specific CFPB rule from moving forward. The focus is on medical information in credit decisions and credit reports, and whether that CFPB rule should stand or be blocked .

• Who is affected: Consumers, lenders, and credit bureaus
• What changes: Congress would disapprove the CFPB’s rule on medical information in credit practices
• When: If enacted, it would apply to the rule identified above