CFPB Dual Mandate and Economic Analysis Act

This bill amends the Consumer Financial Protection Bureau's (CFPB) mission to prioritize fair and transparent markets while explicitly adding a focus on strengthening private sector competition without government interference or subsidies. It requires the CFPB to establish an Office of Economic Analysis to review all proposed rules, assess their impact on consumer choice, credit access, and pricing, and publish these findings in the Federal Register. The bill also mandates that new rules must identify the specific problem they solve and include measurable metrics - like changes in consumer access and cost of financial products - to evaluate success. Existing rules must be periodically reviewed (after 1, 2, 5, and 10 years) to determine if they effectively addressed their intended problem.