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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
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
Sponsors
Role
Legislator
Party
State
District
P
Tom Emmer
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 2183
Scope: US
Hi! I can help you understand HR 2183. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline