S.J.Res. 155, Financial Deregulation via CRA Disapproval. Quorum's AI analysis reads it as a net cost — and names who bears it.
S.J.Res. 155 · Net cost
What it does
This is a Congressional Review Act resolution that would block a Consumer Financial Protection Bureau rule about how state consumer-protection laws interact with federal fair-credit-reporting standards.
The analysis names insurance companies with credit-reporting exposure — and 2 more groups — among the beneficiaries.
The cost
Blocking this rule may prevent states from enforcing stronger consumer protections in credit reporting, effectively creating a federal floor below which state law cannot go—the opposite of what the CFPB rule likely intended.
Transparency scores 95%, with a medium warning level and no detached riders.
Who is behind it
Filed by Sheldon Whitehouse.
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