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   &lt;pre&gt;[Congressional Record Volume 167, Number 17 (Thursday, January 28, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. EMMER:H.R. 527.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18: To make all Laws whichshall be necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.[Page H250]&lt;/pre&gt;
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     &lt;p&gt;&lt;b&gt;CFPB Dual Mandate and Economic Analysis Act &lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill establishes the Office of Economic Analysis in the Consumer Financial Protection Bureau (CFPB) to review all proposed and existing guidance, orders, rules, and regulations. The CFPB must also identify in each proposed rulemaking the problem to be solved by the rule or regulation and the metrics the CFPB will use to measure the success of the rule or regulation. These metrics must include a measurement of changes regarding consumer access to, and the cost of, consumer financial products and services. &lt;/p&gt; &lt;p&gt;Additionally, the purpose of the CFPB is revised to include strengthening private sector participation in markets, without government interference or subsidies, to increase competition and enhance consumer choice. &lt;/p&gt;
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   CFPB Dual Mandate and Economic Analysis Act
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     CFPB Dual Mandate and Economic Analysis Act
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     To amend the Consumer Financial Protection Act of 2010 to update the purpose of the Bureau of Consumer Financial Protection, and for other purposes.
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   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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H11100
2021-01-28
Financial Services Committee
hsba00
2
House floor actions
Referred to the House Committee on Financial Services.
IntroReferral
Intro-H
2021-01-28
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-01-28
9
Library of Congress
Introduced in House
IntroReferral
2021-01-28T14:11:00Z
Referred to
House
Financial Services Committee
hsba00
Standing
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-01-28
2021-01-28
Referred to the House Committee on Financial Services.
House
Finance and Financial Sector
E000294
6
Tom
Rep. Emmer, Tom [R-MN-6]
N
Emmer
R
MN
Administrative law and regulatory procedures Competition and antitrust Consumer Financial Protection Bureau Consumer credit Economic performance and conditions Executive agency funding and structure Financial services and investments Performance measurement
2021-01-28
Introduced in House
 <p><b>CFPB Dual Mandate and Economic Analysis Act </b></p> <p>This bill establishes the Office of Economic Analysis in the Consumer Financial Protection Bureau (CFPB) to review all proposed and existing guidance, orders, rules, and regulations. The CFPB must also identify in each proposed rulemaking the problem to be solved by the rule or regulation and the metrics the CFPB will use to measure the success of the rule or regulation. These metrics must include a measurement of changes regarding consumer access to, and the cost of, consumer financial products and services. </p> <p>Additionally, the purpose of the CFPB is revised to include strengthening private sector participation in markets, without government interference or subsidies, to increase competition and enhance consumer choice. </p>
2021-02-24T21:04:11Z
00
2021-01-28T05:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr527ih/xml/BILLS-117hr527ih.xml
CFPB Dual Mandate and Economic Analysis Act
CFPB Dual Mandate and Economic Analysis Act
Display Title
IH
Introduced in House
To amend the Consumer Financial Protection Act of 2010 to update the purpose of the Bureau of Consumer Financial Protection, and for other purposes.
Official Title as Introduced
IH
Introduced in House
CFPB Dual Mandate and Economic Analysis Act
Short Title(s) as Introduced
HR
2023-01-11T13:43:27Z
2023-01-11T13:43:27Z
3.0.0
H11100
2021-01-28
Financial Services Committee
hsba00
2
House floor actions
Referred to the House Committee on Financial Services.
IntroReferral
Intro-H
2021-01-28
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-01-28
9
Library of Congress
Introduced in House
IntroReferral
E000294
6
Tom
Rep. Emmer, Tom [R-MN-6]
N
Emmer
R
MN
Administrative law and regulatory procedures Competition and antitrust Consumer Financial Protection Bureau Consumer credit Economic performance and conditions Executive agency funding and structure Financial services and investments Performance measurement
2021-01-28
Introduced in House
 <p><b>CFPB Dual Mandate and Economic Analysis Act </b></p> <p>This bill establishes the Office of Economic Analysis in the Consumer Financial Protection Bureau (CFPB) to review all proposed and existing guidance, orders, rules, and regulations. The CFPB must also identify in each proposed rulemaking the problem to be solved by the rule or regulation and the metrics the CFPB will use to measure the success of the rule or regulation. These metrics must include a measurement of changes regarding consumer access to, and the cost of, consumer financial products and services. </p> <p>Additionally, the purpose of the CFPB is revised to include strengthening private sector participation in markets, without government interference or subsidies, to increase competition and enhance consumer choice. </p>
2021-02-24T21:04:11Z
00
CFPB Dual Mandate and Economic Analysis Act
CFPB Dual Mandate and Economic Analysis Act
Display Title
IH
Introduced in House
To amend the Consumer Financial Protection Act of 2010 to update the purpose of the Bureau of Consumer Financial Protection, and for other purposes.
Official Title as Introduced
IH
Introduced in House
CFPB Dual Mandate and Economic Analysis Act
Short Title(s) as Introduced
2021-01-28
Referred to the House Committee on Financial Services.