House Committee Advances Substitute for CORE Act of 2025

The House Committee on Oversight and Reform voted 25 to 18 to report a substitute bill for the CORE Act of 2025. This action means the committee has finished its review and is sending the text to the full House floor for a vote.

Why it matters: This is a procedural step in the legislative process. It does not change any current laws or regulations. Its significance lies in signaling that the House is actively working on a bill to alter how the CFPB operates, which could impact consumer lending and financial services if it eventually becomes law.

Who it affects

• The Consumer Financial Protection Bureau (CFPB)

---

This information is based on the Congressional Record entry from Congress.gov; you should check the full text of the substitute bill to understand the specific regulatory changes proposed.

Agency: House
Source: Congress.gov — read the official document