HR 2183 United States House · 119th Congress

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 requiring the CFPB to assess how its rules affect consumer choice, credit access, and costs. It creates an Office of Economic Analysis to review all proposed rules, measure existing rules' effectiveness after 1-10 years, and publish findings in the Federal Register. The CFPB must now specify problem-solving goals and metrics for success in each rulemaking, including changes to consumer access and cost of financial products. These changes directly affect how the CFPB develops and evaluates regulations on consumer financial products.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
President
Introduced Mar 18, 2025 Last action Mar 18, 2025
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Committee
1
Mar 18, 2025
Committee
Referred to the House Committee on Financial Services.
lower
Mar 18, 2025
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

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Legislator
Party
State
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P
Photo of Tom Emmer
Tom Emmer
RRepublican
MN
6