CFPB Dual Mandate and Economic Analysis Act amends the Consumer Financial Protection Act of 2010.
The CFPB Dual Mandate and Economic Analysis Act amends the Consumer Financial Protection Act of 2010 to update the purpose of the Bureau of Consumer Financial Protection. The bill removes "competitive" from the Bureau's purpose and adds a new purpose to strengthen private sector participation in markets. The Director of the Bureau must consider the review and assessment of any guidance, order, rule, or regulation by the Office of Economic Analysis before issuing it.
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