I 
119TH CONGRESS 
1ST SESSION H. R. 2183 
To amend the Consumer Financial Protection Act of 2010 to update the 
purpose of the Bureau of Consumer Financial Protection, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 18, 2025 
Mr. EMMER introduced the following bill; which was referred to the Committee 
on Financial Services 
A BILL 
To amend the Consumer Financial Protection Act of 2010 
to update the purpose of the Bureau of Consumer Finan-
cial Protection, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘CFPB Dual Mandate 
and Economic Analysis Act’’. 
SEC. 2. PURPOSE. 
Section 1021(a) of the Consumer Financial Protec-
tion Act of 2010 (12 U.S.C. 5511(a)) is amended— 
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(1) by striking ‘‘fair, transparent, and competi-
tive’’ and inserting: ‘‘fair and transparent’’; and 
(2) by adding at the end the following: ‘‘In ad-
dition, the Bureau shall seek to implement and, 
where applicable, enforce Federal consumer financial 
law consistently for the purpose of strengthening 
private sector participation in markets, without Gov-
ernment interference or subsidies, to increase com-
petition and enhance consumer choice.’’. 
SEC. 3. OFFICE OF ECONOMIC ANALYSIS. 
(a) IN GENERAL.—Section 1013 of the Consumer Fi-
nancial Protection Act of 2010 (12 U.S.C. 5493) is 
amended by adding at the end the following: 
‘‘(i) OFFICE OF ECONOMIC ANALYSIS.— 
‘‘(1) ESTABLISHMENT.—The Director shall es-
tablish an Office of Economic Analysis. 
‘‘(2) REVIEW AND ASSESSMENT OF PROPOSED 
GUIDANCE, ORDERS, RULES
AND
REGULATIONS.— 
The Office of Economic Analysis shall— 
‘‘(A) review all proposed guidance, orders, 
rules and regulations of the Bureau; 
‘‘(B) assess the impact of such guidance, 
orders, rules and regulations on consumer 
choice, price, and access to credit products; and 
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‘‘(C) publish a report on such reviews and 
assessments in the Federal Register. 
‘‘(3) MEASURING
EXISTING
RULES, REGULA-
TIONS, GUIDANCE, AND
ORDERS.—The Office of 
Economic Analysis shall— 
‘‘(A) review each rule, regulation, guid-
ance, and order issued by the Bureau after 1, 
2, 5, and 10 years; 
‘‘(B) measure the rule, regulation, guid-
ance, or order’s success in solving the problem 
that the rule, regulation, guidance, or order was 
intended to solve when issued; and 
‘‘(C) publish a report on such review and 
measurement in the Federal Register.’’. 
(b) CONSIDERATION OF REVIEW AND ASSESSMENT; 
RULEMAKING REQUIREMENTS.—Section 1022(b) of the 
Consumer Financial Protection Act of 2010 (12 U.S.C. 
5512(b)) is amended by adding at the end the following: 
‘‘(5) CONSIDERATION OF REVIEW AND ASSESS-
MENT BY THE OFFICE OF ECONOMIC ANALYSIS.— 
‘‘(A) IN
GENERAL.—Before issuing any 
guidance, order, rule, or regulation, the Direc-
tor shall consider the review and assessment of 
such guidance, order, rule, or regulation carried 
out by the Office of Economic Analysis. 
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