Notice2023-14282
Agency Information Collection Activities: Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 7, 2023
Issuing agencies
Consumer Financial Protection Bureau
Abstract
In accordance with the Paperwork Reduction Act of 1995 (PRA), the Consumer Financial Protection Bureau (Bureau or CFPB) requests the Office of Management and Budget's (OMB's) approval of a new information collection titled "Generic Information Collection Plan for Foundational Research About Consumer Credit Markets and Household Financial Decision-Making."
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 129 (Friday, July 7, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 129 (Friday, July 7, 2023)]
[Notices]
[Pages 43321-43322]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-14282]
=======================================================================
-----------------------------------------------------------------------
CONSUMER FINANCIAL PROTECTION BUREAU
[Docket No. CFPB-2023-0039]
Agency Information Collection Activities: Comment Request
AGENCY: Consumer Financial Protection Bureau.
ACTION: Notice and request for comment.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA),
the Consumer Financial Protection Bureau (Bureau or CFPB) requests the
Office of Management and Budget's (OMB's) approval of a new information
collection titled ``Generic Information Collection Plan for
Foundational Research About Consumer Credit Markets and Household
Financial Decision-Making.''
DATES: Written comments are encouraged and must be received on or
before August 7, 2023 to be assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
[[Page 43322]]
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function. In general,
all comments received will become public records, including any
personal information provided. Sensitive personal information, such as
account numbers or Social Security numbers, should not be included.
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to Anthony May, Paperwork Reduction Act Officer, at
(202) 435-7278, or email: <a href="/cdn-cgi/l/email-protection#2d6e6b7d6f727d7f6c6d4e4b5d4f034a425b"><span class="__cf_email__" data-cfemail="e1a2a7b1a3beb1b3a0a182879183cf868e97">[email protected]</span></a>. If you require this
document in an alternative electronic format, please contact
<a href="/cdn-cgi/l/email-protection#3774716775687654545244445e555e5b5e434e775451475519505841"><span class="__cf_email__" data-cfemail="d1929781938e90b2b2b4a2a2b8b3b8bdb8a5a891b2b7a1b3ffb6bea7">[email protected]</span></a>. Please do not submit comments to these
email boxes.
SUPPLEMENTARY INFORMATION:
Title of Collection: Generic Information Collection Plan for
Foundational Research About Consumer Credit Markets and Household
Financial Decision-Making.
OMB Control Number: 3170-00XX.
Type of Review: New information collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 8,000.
Estimated Total Annual Burden Hours: 32,000.
Abstract: Under the Dodd-Frank Wall Street Reform and Consumer
Protection Act, the Bureau is tasked with researching, analyzing, and
reporting on topics relating to the Bureau's mission including
developments in markets for consumer financial products and services,
consumer awareness, and consumer behavior. Under this generic
information collection plan, the Bureau collects data through
qualitative and quantitative methods, including focus groups,
interviews, and controlled trials in field and laboratory settings. The
primary purpose of research carried out under this generic clearance is
for foundational research of an exploratory nature. This foundational
research will be used for developmental and informative purposes to
increase the Bureau's understanding of consumer credit markets and
household financial decision-making. In addition, research may be
related to the Bureau's mission regarding financial education,
including evaluating the effectiveness of financial education programs
and understanding financial planning behaviors, including savings,
spending, and investing behavior. The Bureau envisions that the
research covered under this clearance will be basic foundational
research about consumer credit markets and household finance.
Request for Comments: The Bureau published a 60-day Federal
Register notice on November 23, 2022 (87 FR 71586) under Docket Number:
CFPB-2022-0078. The Bureau is publishing this notice and soliciting
comments on: (a) Whether the collection of information is necessary for
the proper performance of the functions of the Bureau, including
whether the information will have practical utility; (b) The accuracy
of the Bureau's estimate of the burden of the collection of
information, including the validity of the methods and the assumptions
used; (c) Ways to enhance the quality, utility, and clarity of the
information to be collected; and (d) Ways to minimize the burden of the
collection of information on respondents, including through the use of
automated collection techniques or other forms of information
technology. Comments submitted in response to this notice will be
reviewed by OMB as part of its review of this request. All comments
will become a matter of public record.
Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2023-14282 Filed 7-6-23; 8:45 am]
BILLING CODE 4810-AM-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on July 7, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.