FTC Issues Revised Summary of Rights Under Fair Credit Reporting Act

As we reported in our email Monday night, the Senate was mired in a parliamentary morass over the Department of Labor’s proposed revisions to its “white-collar” exemption rules. Just a few hours ago, the Senate broke a filibuster and passed the omnibus spending bill, sending it to the President’s desk, where Mr. Bush is expected to sign it. This essentially clears that last major hurdle standing in the way of the Department’s issuance of final rules. We expect the final rules to be issued sometime in the next several weeks.