Transparency in CFPB Cost-Benefit Analysis Act
119-HR-2331119th CongressIntroduced Mar 25, 2025Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Financial Services.
Sponsor
Rep. Loudermilk, Barry [R-GA-11](R-GA-11)2 cosponsors
Summary
Transparency in CFPB Cost-Benefit Analysis Act
This bill sets forth information required to be included in a rulemaking made by the Consumer Financial Protection Bureau (CFPB). Specifically, the CFPB must publish a justification of the proposed rulemaking; a quantitative and qualitative assessment of all anticipated direct and indirect costs and benefits; alternatives to the proposed rulemaking; impacts on small businesses; and any assumptions, data, or studies used in preparing this information.
Actions (3)
Referred to the House Committee on Financial Services.
Mar 25, 2025House floor actions
Introduced in House
Mar 25, 2025Library of Congress
Introduced in House
Mar 25, 2025Library of Congress