,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #ejcg  ,,in ,,the ,,house ,,of  
,,representatives  ,july #i1 #bjad ,mr4 
,royce 7for himself and ,mr4 ,murphy of 
,florida7 introduced the following bill2
 which was referred to the ,committee on
 ,financial ,services  ,a ,,bill  ,to   
amend the ,dodd-,frank ,wall ,street    
,reform and ,consumer ,protection ,act  
to improve the transparency1            
accountability1 governance1 and         
operations of the ,office of ,financial 
,research1 and for other purposes4  #a4 
,short title ,this ,act may be cited as 
the ,the ,office of ,financial ,research
 ,accountability ,act of #bjad4  #b4    
,additional duties of the ,office of    
,financial ,research  ,section #aec of  
the ,dodd-,frank ,wall ,street ,reform  
and ,consumer ,protection ,act 7#ab     
,u4,s4,c4 #ecdc7 is amended by adding at
 the end the following new subsection3  
7g7 ,additional duties  7#a7 ,annual    
work plan  7,a7 ,in general ,the        
,director shall1 after a period of #fj  

days for public notice and comment1     
annually publish a detailed work plan   
concerning the priorities of the ,office
 for the upcoming fiscal year4  7,b7    
,requirements ,the work plan shall      
include the following3  7i7 ,a unique   
alphanumeric identifier and detailed    
description of any report1 study1       
working paper1 grant1 guidance1 data    
collection1 or request for information  
that is expected to be in progress      
during1 or scheduled to begin in1 the   
upcoming fiscal year4  7ii7 ,for each   
item listed under clause 7i71 a target  
date for any significant actions related
 to such item1 including the target     
date--  7,i7 for the release of a       
report1 study1 or working paper2  7,,ii7
 for1 and topics of1 a meeting of a     
working paper group and each            
solicitation of applications for grants2
 and  7,,iii7 for the issuance of       
guidance1 data collections1 or requests 
for information4  7iii7 ,a list of all  
technical and professional advisory     

committees that is expected to be       
convened in the upcoming fiscal year    
pursuant to section #aeb7;h74  7iv7 ,the
 name and professional affiliations of  
each individual who served during the   
previous fiscal year as an academic or  
professional fellow pursuant to section 
#aeb7;i74  7#b7 ,public reports  7,a7   
,consultation ,in preparing any public  
report with respect to a specified      
entity1 class of entities1 or financial 
product or service1 the ,director shall 
consult with any ,federal department or 
agency with expertise in regulating the 
entity1 class of entities1 or financial 
product or service4  7,b7 ,report       
requirements ,a public report described 
in subparagraph 7,a7 shall include--    
7i7 an explanation of any changes made  
as a result of a consultation under this
 subparagraph and1 with respect to any  
changes suggested in such consultation  
that were not made1 the reasons that the
 ,director did not incorporate such     
changes2 and  7ii7 information on the   

date1 time1 and nature of such          
consultation4  7,c7 ,notice and comment 
,before issuing any public report       
described in subparagraph 7,a71 the     
,director shall provide a period of #ij 
days for public notice and comment on   
the report4  7#c7 ,cybersecurity plan   
7,a7 ,in general ,the ,office shall     
develop and implement a cybersecurity   
plan that uses appropriate safeguards   
that are adequate to protect the        
integrity and confidentiality of the    
data in the possession of the ,office4  
7,b7 ,,gao review ,the ,comptroller     
,general of the ,united ,states shall   
annually audit the cybersecurity plan   
and its implementation described in     
subparagraph 7,a74  4