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H.R.4909 / 116th Congress

CFTC Cost-Benefit Analysis Improvement Act

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Official summary

Version 00 · Introduced in House · Oct 29, 2019

CFTC Cost-Benefit Analysis Improvement Act

This bill generally revises the cost-benefit analysis requirements for the Commodity Futures Trading Commission (CFTC).

It establishes in the CFTC the Office of the Chief Economist. The office must perform the cost-benefit analyses of proposed CFTC regulations and orders. Additionally, such cost-benefit analyses must consider, among other things, the impact of market liquidity on relevant markets, available alternatives to direct regulation, and the cost of compliance for all regulated entities.

A court must affirm such cost-benefit analyses, unless it finds an abuse of discretion.

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Who introduced it

Rep. Johnson, Dusty [R-SD-At Large] · R–SD

Committees

  • Agriculture Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

    2. Referred to the House Committee on Agriculture.

    3. Introduced in House

    4. Introduced in House

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    Related bills identified by Congress.gov

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    Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.

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