2024-28375. Agency Information Collection Activities: Comment Request

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Consumer Financial Protection Bureau

1. [Docket No. CFPB-2024-0056]

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 (CFPB) requests the Office of Management and Budget's (OMB's) approval of an information collection titled “Survey Screening Questions.”

DATES:

Written comments are encouraged and must be received on or before January 3, 2025 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 www.reginfo.gov/​public/​do/​PRAMain. Find this particular 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 [phone], or email: [e-mail]. If you require this document in an alternative electronic format, please contact [e-mail]. Please do not submit comments to these email boxes.

SUPPLEMENTARY INFORMATION:

Title of Collection: Survey Screening Questions.

OMB Control Number: 3170-00XX.

Type of Review: New information collection.

Affected Public: Individuals.

Estimated Number of Respondents: 50,000.

Estimated Total Annual Burden Hours: 12,500.

Abstract: The CFPB conducts a variety of research efforts to ascertain financial issues the American public may be experiencing. The CFPB developed a list of potential screener questions formulated to allow their research efforts to focus on the appropriate consumers for each study and strengthen our ability to address financial needs and concerns of the public and to improve the CFPB's delivery of services and programs. Usage of the included questions will ensure CFPB's future survey efforts target applicable respondents, reduce administrative burden on the CFPB, and grant greater flexibility in conducting research on emergent financial issues.

Request for Comments: The CFPB published a 60-day Federal Register notice on October 2, 2024 (89 FR 80231) under Docket Number: CFPB-2024-0050. The CFPB 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 CFPB, including whether the information will have practical utility; (b) The accuracy of the CFPB'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.