Making the CFPB Accountable to Small Businesses Act of 2023

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AI Summary: The "Making the CFPB Accountable to Small Businesses Act of 2023" is a federal bill aimed at increasing accountability within the Consumer Financial Protection Bureau (CFPB) specifically concerning small businesses. The main provisions of the bill likely include measures to enhance transparency, oversight, and responsiveness of the CFPB towards small businesses. It may propose requirements for the CFPB to regularly report on its interactions and impact on small businesses, as well as mechanisms for small businesses to provide feedback and raise concerns with the bureau. This bill could have significant impacts by potentially improving the regulatory environment for small businesses and ensuring that their interests are adequately considered in financial regulations and enforcement actions.

Latest Action: Introduced in House

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Actions (2):

2023-03-23 : Introduced in House
2023-03-23 : 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.

Sponsors (1)