On Monday, the Rules Committee met and reported a rule, House Resolution 811, providing for consideration of two measures: H.R. 3621, the Comprehensive CREDIT Act; and the Senate amendment to H.R. 550. The rule provides for consideration of H.R. 3621 under a structured rule, with 1 hour of debate equally divided and controlled by the chair and the ranking member of the Committee on Financial Services. It self- executes Chairwoman Waters' manager's amendment, which updates definitions, amends requirements for issuance of final rules, includes protections for workers affected by a Federal shutdown, and makes other technical changes. It also makes in order 14 amendments. The rule also provides for consideration of two House amendments to the Senate amendment to H.R. 550. The rule provides for 1 hour of debate equally divided and controlled by the chair and ranking member of the Committee on Foreign Affairs for each House amendment. Finally, the rule provides for separate votes on each House amendment. Madam Speaker, on H.R. 3621, the Comprehensive CREDIT Act of 2020, credit scores and credit reports play a critical role in determining which of our constituents across America will be able to pay for college, rent an apartment, buy a car or a house, start a business, meet major unexpected expenses, or even, increasingly, get a particular job.…
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