H.R. 7412
Referred to CommitteeTransparency in CFPB Cost-Benefit Analysis Act
Latest Action
Referred to the House Committee on Financial Services.
4/6/2022 • 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.
Introduced in House • 4/6/2022
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Sponsor & Cosponsors (16)
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Cosponsors (15)
Bill Journey
Originated in the House
Introduced
April 6, 2022
Referred to the House Committee on Financial Services.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law