H.R. 8777

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8777 Introduced in House (IH)]

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119th CONGRESS
2d Session
H. R. 8777

To restore certain guidance and rules of the Bureau of Consumer 
Financial Protection.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

May 13, 2026

Ms. Waters introduced the following bill; which was referred to the 
Committee on Financial Services

_______________________________________________________________________

A BILL

To restore certain guidance and rules of the Bureau of Consumer 
Financial Protection.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Guidance Upholding Integrity through 
Defense of Americans' National Consumer Enforcement Act of 2026'' or 
the ``GUIDANCE Act of 2026''.

SEC. 2. RESTORATION OF GUIDANCE AND RULES.

The following shall have no force or effect:
(1) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``The Fair Credit Reporting Act's Limited Preemption of State 
Laws (87 Fed. Reg. 41042 (July 11, 2022))'' (90 Fed. Reg. 20084 
(May 12, 2025)).
(2) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2022-04: Insufficient 
Data Protection or Security for Sensitive Consumer Information 
(87 Fed. Reg. 54346 (August 6, 2022))'' (90 Fed. Reg. 20084 
(May 12, 2025)).
(3) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Examinations for Risks to Active-Duty Servicemembers and 
Their Covered Dependents (86 Fed. Reg. 32723 (June 23, 2021))'' 
(90 Fed. Reg. 20084 (May 12, 2025)).
(4) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Debt Collection Practices (Regulation F); Deceptive and 
Unfair Collection of Medical Debt (89 Fed. Reg. 80715 (October 
4, 2024))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(5) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2024-05: Improper 
Overdraft Opt-In Practices (89 Fed. Reg. 80075 (October 2, 
2024))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(6) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2024-04: Whistleblower 
Protections Under CFPA Section 1057 (89 Fed. Reg. 65170 (August 
9, 2024))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(7) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Bulletin 2012-04: Lending discrimination (April 18, 2012)'' 
(90 Fed. Reg. 20084 (May 12, 2025)).
(8) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Truth in Lending (Regulation Z); Consumer Protections for 
Home Sales Financed Under Contracts for Deed (89 Fed. Reg. 
68086 (August 23, 2024))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(9) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Application of Regulation Z's Ability-To-Repay Rule to 
Certain Situations Involving Successors-In-Interest (79 Fed. 
Reg. 41631 (July 17, 2014))'' (90 Fed. Reg. 20084 (May 12, 
2025)).
(10) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Equal Credit Opportunity (Regulation B); Revocations or 
Unfavorable Changes to the Terms of Existing Credit 
Arrangements (87 Fed. Reg. 30097 (May 18, 2022))'' (90 Fed. 
Reg. 20084 (May 12, 2025)).
(11) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Fair Credit Reporting; Permissible Purposes for Furnishing, 
Using, and Obtaining Consumer Reports (87 Fed. Reg. 41243 (July 
12, 2022))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(12) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Bulletin 2015-07 re: in-person collection of consumer debt 
(December 16, 2015))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(13) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Bulletin 2022-01: Medical Debt Collection and Consumer 
Reporting Requirements in Connection with the No Surprises Act 
(87 Fed. Reg. 3025 (January 20, 2022))'' (90 Fed. Reg. 20084 
(May 12, 2025)).
(14) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Bulletin 2022-06: Unfair Returned Deposited Item Fee 
Assessment Practices (87 Fed. Reg. 66940 (November 7, 2022))'' 
(90 Fed. Reg. 20084 (May 12, 2025)).
(15) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2023-02: Reopening 
Deposit Accounts That Consumers Previously Closed (88 Fed. Reg. 
33545 (May 24, 2023))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(16) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2024-02: Deceptive 
Marketing Practices About the Speed or Cost of Sending a 
Remittance Transfer (89 Fed. Reg. 27357 (April 17, 2024))'' (90 
Fed. Reg. 20084 (May 12, 2025)).
(17) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Fair Credit Reporting; Name-Only Matching Procedures, 86 Fed. 
Reg. 62468 (November 10, 2021)'' (90 Fed. Reg. 20084 (May 12, 
2025)).
(18) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Statement of Policy Regarding Prohibition on Abusive Acts or 
Practices (88 Fed. Reg. 21883 (April 12, 2023))'' (90 Fed. Reg. 
20084 (May 12, 2025)).
(19) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2022-07: Reasonable 
Investigation of Consumer Reporting Disputes (87 Fed. Reg. 
71507 (November 23, 2022))'' (90 Fed. Reg. 20084 (May 12, 
2025)).
(20) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Bulletin 2023-01: Unfair Billing and Collection Practices 
After Bankruptcy Discharges of Certain Student Loan Debts (88 
Fed. Reg. 17366 (March 23, 2023))'' (90 Fed. Reg. 20084 (May 
12, 2025)).
(21) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2023-01: Unlawful 
Negative Option Marketing Practices (88 Fed. Reg. 5727 (January 
30, 2023))'' (90 Fed. Reg. 20086 (May 12, 2025)).
(22) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Fair Credit Reporting; File Disclosure (89 Fed. Reg. 4167 
(January 23, 2024))'' (90 Fed. Reg. 20084 (May 12, 2025)).
(23) The rule submitted by the Bureau of Consumer Financial 
Protection relating to the withdrawal of the rule relating to 
``Consumer Financial Protection Circular 2024-03: Unlawful and 
Unenforceable Contract Terms and Conditions (89 Fed. Reg. 51955 
(June 21, 2024))'' (90 Fed. Reg. 20084 (May 12, 2025)).
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