H.J.Res. 177 is a resolution that seeks to disapprove a rule put forth by the Bureau of Consumer Financial Protection (CFPB) regarding the withdrawal of a regulation related to fair credit reporting, specifically concerning the use of names only in credit reporting. If passed, this resolution would prevent the CFPB from withdrawing the existing rule, thereby maintaining the current regulations on fair credit reporting practices.
Supporters of H.J.Res. 177 argue that maintaining the existing rule is essential for protecting consumers' rights and ensuring fair treatment in credit reporting. They highlight that the rule helps prevent discrimination and promotes transparency in how credit information is reported and used, which is beneficial for consumers seeking loans and credit.
Critics of H.J.Res. 177 contend that the resolution undermines the CFPB's ability to adapt regulations to changing market conditions. They argue that the withdrawal of the rule was a necessary step to modernize and streamline credit reporting practices, and that the resolution may hinder efforts to improve the overall efficiency and fairness of the credit reporting system.
The analysis of H.J.Res. 177 indicates no direct industry overlaps between the bill's subject matter and the top donor industries of sponsor Bill Foster. The bill pertains to the Bureau of Consumer Financial Protection's rule on fair credit reporting, while Foster's top donors do not represent industries directly involved in consumer finance or credit reporting. The lobbying activity surrounding this bill includes various entities, such as SANA HEALTH, which contributed $7,500, but their specific interests do not appear to conflict with the bill's intent. Overall, the lack of direct financial ties suggests minimal risk of conflicts of interest for voters to consider.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| SPHERE LABS | TERRAPIN STRATEGY, INC | $22,000 |
| ATZ MANUFACTURING | TERRAPIN STRATEGY, INC | $21,750 |
| THE PRESIDENTS' FORUM OF THE DISTILLED SPIRITS INDUSTRY | THE PRESIDENTS' FORUM OF THE DISTILLED SPIRITS INDUSTRY | $20,000 |
| SANA HEALTH | TERRAPIN STRATEGY, INC | $7,500 |
| NEBRASKA RURAL GENERATION LLC | JABAL COMPANIES LLC | undisclosed |
| RHOBACK, INC. | ATLAS CROSSING LLC | undisclosed |
| GLOBAL MOBILE SOFTWARE LLC | TERRAPIN STRATEGY, INC | undisclosed |
| SUMAIR VIRANI | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
| NATIONAL STRUCTURED SETTLEMENTS TRADE ASSOCIATION | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
| NUMERACLE, INC. | ACG ADVOCACY | undisclosed |
| AMERICAN COUNCIL FOR CAPITAL FORMATION | AMERICAN COUNCIL FOR CAPITAL FORMATION | undisclosed |
| HUBBARD HOUSE RESTAURANT, LLC | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
| INTUIT INC., AND ITS ENTERPRISE MEMBERS | COZEN O'CONNOR PUBLIC STRATEGIES | undisclosed |
| NATIONAL CENTER OF SEXUAL EXPLOITATION (NCOSE) | ACG ADVOCACY | undisclosed |
| SHARED ECONOMY SERVICES, LLC | TERRAPIN STRATEGY, INC | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Bill Foster, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
