FDIC Seeks Comment on Approaches to Cost-Benefit Analysis — 2019-12-03

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) is issuing a Request for Information (RFI) seeking comment on approaches it uses, or is considering using, to analyze the effects of its regulatory actions. The RFI is part of FDIC’s ongoing effort to strengthen the quality of its regulatory cost-benefit analyses. FDIC Chairman Jelena McWilliams said, “A transparent analysis of the effects of regulatory actions is an important part of credible rulemaking. It supports good policy decisions and the meaningful involvement and trust of the public in the rulemaking process.” Comments received on the RFI will assist the FDIC in improving its analysis of the effects of its regulatory actions. The RFI was published in the Federal Register on November 29, 2019, and comments are due by January 28, 2020.