; (2) agency regulatory actions often fail to adequately consider the distributional effects and social equity impact of regulatory action; and (3) an agency shall prioritize the statutory direction of Congress when taking regulatory action. 4. Disclosure of conflicts of interest Section 553 of title 5, United States Code, is amended— (1) in subsection (c)— (A) by striking After notice required and inserting the following: (1) After notice required ; and (B) by adding at the end the following: (2) In the case of any submission under paragraph (1) by an interested person that includes a scientific, economic, or technical study or research (or a citation thereto) that the interested person funded directly or indirectly, or the nonpublic results of any scientific, economic, or technical study or research that the interested person funded directly or indirectly, the interested person shall disclose to the agency, the following: (A) The amount of any funds that were received by the person who conducted the study or research. (B) The entity that provided the funds referred to in subparagraph (A). (C) Any entity that was allowed to review or revise the study or research, and the extent of that review or revision. (D) Any financial relationship between the person who conducted the study or research, and any person that would be affected by the proposed rule. ; (2) in subsection (c), in the first sentence, by inserting , subject to subsections (f) and (h), after the agency shall