The Administration supports efforts to strengthen consumer credit reporting, but it opposes H.R. 5332. This bill would expand the
The Administration has worked in a bipartisan manner to improve the consumer credit reporting system. In
These and other measures have proven successful, and the Administration stands ready to work in a bipartisan manner to take similar actions that are in line with its core principles, as outlined in Executive Order 13772, for regulation and do not unnecessarily expand the size of government.
If H.R. 5332 were presented to the President, his advisors would recommend that he veto the bill.