Reduce the amount of time adverse information may appear on consumer reports, establish processes for certain consumers to remove adverse information from their consumer reports, and expand fraud and identity theft protections for consumers
Impose intergovernmental and private-sector mandates on consumer reporting agencies, other businesses, and states
Estimated budgetary effects would primarily stem from
Hiring additional Consumer Financial Protection Bureau employees to issue final rules and conduct ongoing outreach to borrowers who were defrauded
