H.R. 1606 explained · 119th Congress · Pending in Congress
Making the CFPB Accountable to Small Businesses Act of 2025
Cosponsors: 3 (0 D, 3 R) · per Congress.gov, 2026-10-12
Introduced: 2025-02-26
Latest action (2025-02-26): 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.
What H.R. 1606 does, in plain terms
Making the CFPB Accountable to Small Businesses Act of 2025 This bill requires the Consumer Financial Protection Bureau (CFPB) to consider the impact of proposed rules on small entities. In addition, the CFPB, the Environmental Protection Agency, and the Occupational Safety and Health Administration must justify decisions to not adopt certain alternatives to regulations that are applicable to small entities.
Official summary by the Congressional Research Service, via Congress.gov.
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