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In December 2022, the U.S. House Financial Services Committee held a hearing with CFPB Director Rohit Chopra, Consumers First: Semi-Annual Report of the Consumer Financial Protection Bureau. Director Chopra had a written statement. In advance of the hearing, staff provided the committee memorandum. The video of the hearing is online.
The committee had the following bills on its discussion list:
- H.R. 2069, the “Home Loan Quality Transparency Act” (Rep. Nadia Velázquez (D-NY))
- H.R. 6054, the “Small Business Lending Disclosure Act” (Rep. Velázquez)
- H.R. 7351, the “Promoting Fair Lending to Small Businesses Act” (Rep. Velázquez)
- H.R. ____, the “Repeat Offenders, Megabanks, and Credit Bureaus Accountability Act” (Rep. Maxine Waters (D-CA))
- H.R. ____, the “Financial Data and Reproductive Justice Act”
- H.R. ____, the “Preventing Unfair Foreclosures Act”
- H.R. ____, the “Promoting Equity in Mortgage Underwriting Act”
- H.R. ____, the “Protecting Consumers From Payment Scams Act”
CDIA prepared a summary of the hearing.