WASHINGTON -- The House appears likely to take up amendments to the Fair Credit Reporting Act Monday under a procedure that almost guarantees passage.

The compromise that is expected to be offered for a vote is based on a Senate version of the measure. However, the compromise yields a little more ground to lenders on the key issue of whether states should be preempted from passing tougher laws of their own.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.