House Financial Services Committee to hold May 26 and 27 hearings on credit reporting, banking practices

On May 26, 2021, the House Financial Services Committee’s Subcommittee on Oversight and Investigations will hold a hearing, “Consumer Credit Reporting: Assessing Accuracy and Compliance.” The witnesses include representatives from the “big three” consumer reporting agencies and the National Consumer Law Center. Based on the Committee memorandum, lawmakers are likely to focus on consumer report accuracy and the dispute resolution process....
By: Ballard Spahr LLP

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