Making the CFPB Accountable to Small Businesses Act of 2022

Fact Sheet API

Bill Number

HR 8443

Introduced

Jul 20, 2022

Latest Action

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Sponsor

Cosponsors

Topics

Finance and Financial Sector

Full Text

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Votes

Summary

Making the CFPB Accountable to Small Businesses Act of 2022

This bill eliminates the requirement that financial institutions must collect data regarding loans made to women-owned, minority-owned, or small businesses. In addition, the Consumer Financial Protection Bureau must justify its decision to not adopt certain alternatives to regulations applicable to small entities.

Actions

Nov 1, 2022

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Jul 20, 2022

Referred to the Committee on the Judiciary, and in addition to the Committees on Small Business, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jul 20, 2022

Introduced in House

Amendments

Related Bills