[Federal Register Volume 88, Number 94 (Tuesday, May 16, 2023)]
[Notices]
[Pages 31251-31252]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-10423]


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CONSUMER FINANCIAL PROTECTION BUREAU

[Docket No. CFPB-2023-0034]


Agency Information Collection Activities: Comment Request

AGENCY: Consumer Financial Protection Bureau.

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Consumer Financial Protection Bureau (Bureau or CFPB) is requesting 
the Office of Management and Budget's (OMB's) approval for a new 
information collection titled ``Making Ends Meet Survey.''

DATES: Written comments are encouraged and must be received on or 
before July 17, 2023 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, OMB Control Number (see below), and docket 
number (see above), by any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include Docket No. CFPB-
2023-0034 in the subject line of the email.
     Mail/Hand Delivery/Courier: Comment Intake, Consumer 
Financial Protection Bureau (Attention: PRA Office), 1700 G Street NW, 
Washington, DC 20552. Because paper mail in the Washington, DC, area 
and at the Bureau is subject to delay, commenters are encouraged to 
submit comments electronically.
    Please note that comments submitted after the comment period will 
not be accepted. 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, PRA Officer, at (202) 435-7278 or 
email: [email protected]. If you require this document in an 
alternative electronic format, please contact 
[email protected]. Please do not submit comments to these 
email boxes.

SUPPLEMENTARY INFORMATION: 
    Title of Collection: Making Ends Meet Survey.
    OMB Control Number: 3170-00XX.
    Type of Review: New collection.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 4,500.
    Estimated Total Annual Burden Hours: 1,375.
    Abstract: The Dodd-Frank Wall Street Reform and Consumer Protection 
Act charges the Consumer Financial Protection Bureau with researching, 
analyzing, and reporting on topics relating to the Bureau's mission 
including consumer behavior, consumer awareness, and developments in 
markets for consumer financial products and services. To improve its 
understanding of how consumers engage with financial markets, the 
Bureau has successfully used surveys under its ``Making Ends Meet'' 
program. The ``Making Ends Meet'' program has also used the Bureau's 
Consumer Credit Information Panel (CCIP) as a frame to survey people 
about their experiences in consumer credit markets. The Bureau seeks 
approval for two yearly surveys under the ``Making Ends Meet'' program. 
These surveys solicit information on the consumer's experience related 
to household financial shocks, particularly shocks related to the 
economic effects of the COVID-19 pandemic, how households respond to 
those shocks, and the role of savings to help provide a financial 
buffer.
    The first survey will be a follow-up to respondents from the 
Bureau's 2023 ``Making Ends Meet'' survey to better understand 
household financial experiences dealing with medical debt as well as 
consumers' interactions with various financial products. The second 
survey will go to a new sample of consumers from the CCIP and will 
address several topics of interest to the Bureau possibly including the 
impact of

[[Page 31252]]

natural disasters and other environmental events, credit shopping 
behavior, additional follow-up regarding debt collection, and the 
assessment of various fees throughout the financial services ecosystem.
    Request for Comments: Comments are invited 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 summarized and/or included in the request for OMB's 
approval. All comments will become a matter of public record.

Anthony May,
Paperwork Reduction Act Officer, Consumer Financial Protection Bureau.
[FR Doc. 2023-10423 Filed 5-15-23; 8:45 am]
BILLING CODE 4810-AM-P