H.R. 7412 · 117th Congress
Transparency in CFPB Cost-Benefit Analysis Act
- Stage
- In committee
- Sponsor
- Alexander Mooney
- Introduced
- 2022-04-06
- Latest action
- 2022-04-06 · Introduced in House
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.