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H.R. 1606: Making the CFPB Accountable to Small Businesses Act of 2025

119th Congress · introduced 2025-02-26 · Finance and Financial Sector · Latest: 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.

federal

What does this mean?

Official title

Making the CFPB Accountable to Small Businesses Act of 2025

Plain summary

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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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If it passes both chambers and is signed, it becomes law.

A “Nay” vote

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PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Making the CFPB Accountable to Small Businesses Act of 2025

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Fitzgerald, Scott [R-WI-5] · 3 cosponsors

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Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr1606 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills