American Banker
Consumer groups sue CFPB over small-business data rule
Consumer advocates led by Rise Economy have sued the Consumer Financial Protection Bureau for the second time for failing to implement the small-business data collection rule mandated by Congress 15 ...
JD Supra
Consumer Groups Sue CFPB Over Delay in Section 1071
On July 23, a coalition of consumer advocacy organizations filed a lawsuit against the CFPB and Acting Director Russel Vought in the U.S. District Court for the District of Columbia, alleging the ...
JD Supra
Bank groups ask court to delay Section 1033 rule’s compliance dates
On August 13, the plaintiffs in a case challenging the CFPB’s Section 1033 rule filed a brief asking the court to stay the rule’s compliance deadlines and enjoin the rule until one year after the case ...
American Banker
The CFPB intends to start writing a new data-sharing rule
Two months after vowing to kill the previous administration's rule on the sharing of customer data between banks and fintechs, the Consumer Financial Protection Bureau is revisiting the issue. The ...