S 1362
Transparency in CFPB Cost-Benefit Analysis Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Transparency in CFPB Cost-Benefit Analysis Act, aims to increase the transparency and rigor of the Consumer Financial Protection Bureau’s (CFPB) rulemaking process. It requires the CFPB to provide detailed justifications for proposed regulations, including a cost-benefit analysis that considers the impact on small businesses, alternative approaches, and the reasoning behind the proposed action. The bill also mandates the inclusion of underlying assumptions and details about any studies used in the analysis.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.