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H.R. 8443 · 117th Congress

Making the CFPB Accountable to Small Businesses Act of 2022

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

6 cosponsors · 6 R

4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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.

What it does: CRS summary · Introduced in House · Jul 20, 2022

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Making the CFPB Accountable to Small Businesses Act of 2022

Latest action (Nov 1, 2022): Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 20, 2022

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.