The CFPB is planning to repeal its Section 1033 Open Banking Rule, according to a filing in a federal lawsuit challenging the rule. On the same day the Final Rule was issued, the Banking Policy ...
The Consumer Financial Protection Bureau’s (CFPB) open banking rules, issued under Section 1033 of the Dodd-Frank Act, have been the subject of ongoing litigation since their finalization late last ...
In a sharp turn, the CFPB says it will revise rather than repeal the Biden-era Section 1033 open banking rule. The move comes as part of a legal fight with Forcht Bank and banking trade groups ...
WASHINGTON — The Consumer Financial Protection Bureau has given banks and other lenders another year to comply with its small-business data collection rule, marking a significant pause as the agency ...
Last week I participated in the radio show On Point to discuss the legacy of the Consumer Financial Protection Bureau. It turned out to be something a debate with Richard Cordray, the first director ...