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CFPB Moves to Vacate Its Own Open Banking Rule Citing Legal Deficiencies and Overreach

On May 30, 2025, the Consumer Financial Protection Bureau (CFPB) took the rare step of asking the US District Court for the Eastern District of Kentucky to vacate the CFPB’s own final rule implementing Section 1033 of the...more

CFPB Extends Compliance Dates for Small Business Lending Rule

On June 25, 2024, the Consumer Financial Protection Bureau (CFPB) formally extended by 290 days the effective date for its small business lending rule, initially released in March 2023....more

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