Bill Included in Democratic House Package Aiming to Strengthen Consumer Protection and Reverse Trump’s Harmful CFPB Rollbacks

Bill Text (PDF)

WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07), a member of the House Financial Services Committee, introduced a Congressional Review Act (CRA) resolution that would restore the Consumer Financial Protection Bureau’s (CFPB) advisory opinion that would protect consumers by preventing debt collectors from engaging in unfair or deceptive medical debt collection practices.

The Congresswoman’s resolution was included in a suite of CRA resolutions led by Ranking Member Maxine Waters (D-CA) and House Financial Services Committee Democrats that would restore critical CFPB guidance designed to protect consumers that were rescinded by the Trump Administration under Acting CFPB Director Russell Vought.

“Decades of policy failures have forced millions of families to take on significant debt just to survive, and predatory debt collectors have made record profits by using aggressive tactics to scare and exploit people,” said Congresswoman Pressley. “My resolution would protect consumers from predatory medical debt collection practices and undo the Trump Administration’s harmful rollback of essential CPFB regulations. I’m grateful to Ranking Member Waters, Senator Warren, and our colleagues for their partnership in standing with our families.”

House Financial Services Democrats introduced H.R. 8777, the “Guidance Upholding Integrity through Defending Americans’ National Consumer Enforcement (GUIDANCE) Act,” which includes the 23 bills listed below led by House Committee Democratic Members:

In March 2026, Congresswoman Pressley emphasized the need for consumers’ autonomy over their financial information and history and protection from big banks and FinTech companies sharing such data without explicit consent.

In February 2025, Congresswoman Pressley joined Senator Elizabeth Warren (D-MA) and Ranking Member Maxine Waters (D-CA) at a rally with colleagues, workers and advocates to protest Donald Trump and Elon Musk’s unlawful takeover of the Consumer Financial Protection Bureau.

In October 2019, Congresswoman Pressley introduced H.R. 5021, the Ending Debt Collection Harassment Act, legislation that requires the Consumer Financial Protection Bureau (CFPB) to regulate the debt collection industry. The legislation passed the House in May 2021.

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