On the recordJuly 7, 2016
I agree with the gentleman that there is no place for discrimination. Based on information from the CFPB, CBO expects that the agency would not prepare a replacement bulletin if H.R. 1737 were enacted. That is because the bill would not affect the underlying statute or regulations to implement it. The Bureau can continue to enforce the Equal Credit Opportunity Act without the bulletin. I also remind the gentleman that the minority report also stated that this would not negatively impact the Equal Credit Opportunity Act. Mr. Chairman, I reserve the balance of my time.
