Federal Employee Financial Protection Act of 2026 prohibits adverse credit reporting for federal employees furloughed during government shutdowns.

The Federal Employee Financial Protection Act of 2026 amends the Fair Credit Reporting Act to prevent consumer reporting agencies from including adverse credit information related to late or missed payments by federal employees furloughed or unpaid during government shutdowns. It defines "covered employees" as federal workers affected by lapses in appropriations and "covered period" as any time during which these employees do not receive compensation. The bill also mandates the Bureau of Consumer Financial Protection to issue rules within 30 days of enactment to implement these changes.

Federal Employee Financial Protection Act of 2026 prohibits adverse credit reporting for federal employees furloughed during government shutdowns.

The Federal Employee Financial Protection Act of 2026 amends the Fair Credit Reporting Act to prevent consumer reporting agencies from including adverse credit information related to late or missed payments by federal employees furloughed or unpaid during government shutdowns. It defines "covered employees" as federal workers affected by lapses in appropriations and "covered period" as any time during which these employees do not receive compensation. The bill also mandates the Bureau of Consumer Financial Protection to issue rules within 30 days of enactment to implement these changes.