Small Business Administration Consumer Financial Protection Bureau

The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA... more +
The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -
News & Analysis as of

SBA Office of Advocacy submits comment letter asking CFPB to reconsider payday loan proposal

The Small Business Administration’s Office of Advocacy has submitted a comment letter on the CFPB’s proposed payday loan rule that raises concerns about the proposal’s economic impact on small businesses and encourages the...more

Federal Small Business Authority Sharply Questions CFPB'S Proposed Payday Rule

In strongly worded comments filed October 7 in the Consumer Financial Protection Board's (CFPB) rulemaking on payday and other small dollar loans, the federal agency charged with advocating on behalf of small business took...more

SBA Office of Advocacy to host Sept. 14 roundtable on CFPB payday loan proposal

The Small Business Administration’s Office of Advocacy will host a roundtable in London, Kentucky on September 14, 2016 on the CFPB’s proposed payday loan rule. As the Office of Advocacy is an independent office within the...more

Treasury Report on Online Marketplace Lending Recommends Increased Regulation

The Treasury Department recently issued a white paper detailing its findings on the current state of the online marketplace lending industry and offering policy recommendations, including a call for increased regulation of...more

CFPB Small Business Panels: What a Change in ‘Size Standards’ Could Mean

The Dodd-Frank Consumer Financial Protection Act gave the new Consumer Financial Protection Bureau (CFPB) the honor of being one of only three agencies subject to a statute that is aimed at providing extra protection for...more

Could remittance rule exemption signal more breaks for small business?

When CFPB Director Cordray recently testified before Congress, he heard a great deal about the concerns small businesses have about the costs of complying with new CFPB rules. In a nod to those concerns, the final...more

Just who really is a larger participant?

In February, the CFPB published its proposed rule defining larger participants in the debt collection and credit reporting industries. In general, the proposal advised that the CFPB would be guided by and would use a...more

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