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HR 2331 · in committee · significant

Transparency in CFPB Cost-Benefit Analysis Act

What this bill does

  • Requires the Consumer Financial Protection Bureau to publish detailed justifications and cost-benefit analyses for all proposed rules.
  • Affects the CFPB's rulemaking process and financial institutions subject to CFPB regulations.
  • Takes effect upon enactment with no specified fiscal cost to the government.

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Community Threads

Started by Cosponsor

  1. 01

    How would requiring the CFPB to publish detailed cost-benefit analyses before finalizing rules change which consumer protections actually get implemented?

  2. 02

    What specific information about compliance costs for banks and financial institutions should the CFPB be required to disclose when proposing new regulations?

  3. 03

    If the CFPB must justify every rule with detailed analysis, could this slow down regulatory responses to emerging risks in financial markets?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-GA-11

Barry Loudermilk

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House Reps cosponsoring

Introduced 2025-03-25

Joining the bill

Legislative timeline

  1. 2025-03-25 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  2. 2025-03-25 · IntroReferral

    Introduced in House

  3. 2025-03-25 · IntroReferral

    Introduced in House

Congress.gov ↗

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