Transparency in CFPB Cost-Benefit Analysis Act

Sponsored byRep. Loudermilk, Barry [R-GA-11]GA· Introduced 25 March 2025

Open on Congress.gov

Cosponsors

Actions

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Introduced

Committee

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Enacted

Step 1 of 0

Latest action

Referred to the House Committee on Financial Services.

25 March 2025·1 year ago

Summary

Introduced in House · Updated 30 January 2026

Transparency in CFPB Cost-Benefit Analysis Act

This bill sets forth information required to be included in a rulemaking made by the Consumer Financial Protection Bureau (CFPB). Specifically, the CFPB must publish a justification of the proposed rulemaking; a quantitative and qualitative assessment of all anticipated direct and indirect costs and benefits; alternatives to the proposed rulemaking; impacts on small businesses; and any assumptions, data, or studies used in preparing this information.

Timeline

3 actions

Referred to the House Committee on Financial Services.
25 March 2025 · IntroReferral
Introduced in House
25 March 2025 · IntroReferral
Introduced in House
25 March 2025 · IntroReferral

Sponsorship

2 cosponsors

Sponsor

Rep. Loudermilk, Barry [R-GA-11]GA

Cosponsors

Republican2100%

Republican:Rep. Lawler, Michael [R-NY-17]NY
Republican:Rep. Barr, Andy [R-KY-6]KY

Classification

Policy area

Finance and Financial Sector

Cosponsor momentum

Cumulative over time

Track Transparency in CFPB Cost-Benefit Analysis Act as it moves through Congress