H. R. 2183, also known as the “CFPB Dual Mandate and Economic Analysis Act,” seeks to update the Consumer Financial Protection Act of 2010. It changes the goals of the Bureau of Consumer Financial Protection to focus not only on fairness and transparency but also on...
Simple Explanation
The bill wants to change how a special group, which helps people with money problems, does its job. It would make the group focus on making things fair, clear, and giving people more choices by working more with businesses.