H.R. 10184

Consumer Financial Protection Accountability and Reform Act of 2026

Sponsor: Andy Barr

30 cosponsors
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I Reforming Bureau Governance

Sec. 104. Accountability to small businesses

(a) Rulemaking under Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1022(b)(2)(A) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5512(b)(2)(A)) is amended—

(1) in clause (i), by striking and at the end;

(2) in clause (ii), by striking the semicolon at the end and inserting ; and; and

(3) by adding at the end the following:

Text this section adds to the law

(iii) the impact of proposed rules on small entities, in accordance with section 609 of title 5, United States Code;

(b) Initial regulatory flexibility analysis. Section 603(d)(1) of title 5, United States Code, is amended—

(1) in subparagraph (B), by striking and at the end;

(2) in subparagraph (C), by striking the period and inserting ; and; and

(3) by adding at the end the following:

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(D) where the covered agency does not adopt any alternatives described in paragraphs (1) through (4) of subsection (c), a detailed justification of the covered agency’s determination that the relative size and resources of small entities should have no bearing on the rule, supported by factual, policy and legal reasons.

(c) Final regulatory flexibility analysis. Section 604(a) of title 5, United States Code, is amended by amending the second paragraph (6) to read as follows:

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(7) for a covered agency, as defined in section 609(d)(2), a description of the steps the agency has taken to minimize any additional cost of credit for small entities and, where no significant alternatives for small entities was adopted, a detailed justification of the covered agency’s determination that the relative size and resources of small entities should have no bearing on the rule, supported by factual, policy and legal reasons.

II Restoring Legal Clarity and Procedural Fairness

III Promoting Innovation in Consumer Financial Markets

IV Promoting Effective, Predictable Supervision

V Preventing Regulation by Enforcement