H.R. 8777, Consumer Protection Restoration. Quorum's AI analysis reads it as a net benefit — and names who gains.

What it does

This bill nullifies 23 separate Trump-era CFPB actions that withdrew consumer protection guidance and rules — effectively restoring those protections. The withdrawn rules covered areas including fair credit reporting, medical debt collection, overdraft practices, whistleblower protections, lending discrimination, and protections for military servicemembers. By declaring those withdrawals to have 'no force or effect,' the bill reinstates the original consumer-protective guidance as if the withdrawals never happened.

The analysis names consumer advocacy organizations — and 2 more groups — among the beneficiaries.

The trade-off

The bill does not appropriate enforcement funds or direct the CFPB to actively enforce the restored guidance, so practical effect depends on whether the Bureau — whose leadership may be hostile — actually resumes enforcement activity.

Transparency scores 62%, with a medium warning level and no provisions unrelated to the bill's subject.

Who is behind it

Filed by Maxine Waters.