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,…
This bill amends federal rulemaking statutes to add specific small-entity-focused requirements for “covered agencies.” It requires analysis of proposed rules’ impacts on small entities, documented justification when alternatives for small entities are not adopted, and a description of steps taken to minimize any additional cost of credit for small entities. The changes reference section 609 (defining covered agencies) and modify initial and final regulatory flexibility analyses under chapter 5, title 5 U.S.C.
Progressive worries it will slow or weaken consumer protections
Narrow oversight-oriented bill likely to attract support in a chamber favoring regulatory constraints; relatively simple text.
This bill amends federal rulemaking statutes to add specific small-entity-focused requirements for “covered agencies.” It requires analysis of proposed rules’ impacts on small entities, documented justification when alternatives for small entities are not adopted, and a description of steps taken to minimize any additional cost of credit for small entities.
The changes reference section 609 (defining covered agencies) and modify initial and final regulatory flexibility analyses under chapter 5, title 5 U.S.C.
Technically narrow and administratively feasible, but politically sensitive given CFPB focus; Senate obstacles and absence of compromise features lower odds.
How solid the drafting looks.
Progressive worries it will slow or weaken consumer protections
These are examples from the analysis, not a ranked list of the most-affected groups.
Progressive worries it will slow or weaken consumer protections
Generally concerned.
Sees increased transparency for small businesses but worries the provisions could be used to delay or weaken consumer protections.
Will scrutinize whether this procedurally constrains the CFPB from protecting consumers, especially underserved borrowers.
Cautiously favorable to stronger analytic requirements, viewing them as reasonable accountability and transparency measures.
Concerned about added bureaucracy and potential delays; wants safeguards for timely rulemaking and evidence-based cost estimates.
Supportive.
Views the bill as increasing CFPB accountability and protecting small businesses from burdensome rules or higher credit costs.
Sees the added justification requirements as checks on regulatory overreach.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Technically narrow and administratively feasible, but politically sensitive given CFPB focus; Senate obstacles and absence of compromise features lower odds.
The bill has not accumulated any surfaced votes yet.
Progressive worries it will slow or weaken consumer protections
Technically narrow and administratively feasible, but politically sensitive given CFPB focus; Senate obstacles and absence of compromise fe…
Pro readers get the full perspective split, passage barriers, legislative design review, stakeholder impact map, and lens-based policy tradeoff analysis for Making the CFPB Accountable to Small Businesses Act of 2025.
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.