JD Supra

CFPB Issues Final Section 1071 Rule on Small Business Lending Data Collection

On May 1, 2026, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) issued its final rule substantially revising subpart B of Regulation ...
JD Supra

CFPB Scales Back the Small Business Credit Data Collection Rule - but Also Indicates Future Expansion is Possible

On May 1, 2026, the Consumer Financial Protection Bureau (CFPB) released its long-anticipated final rule (the “Final Rule”) ...
American Banker

CFPB issues pared-down small business data collection rule

The Consumer Financial Protection Bureau has rewritten its small business data collection rule, dramatically scaling back the scope of the rule from its earlier version in a way that will likely ...
Hosted on MSN

CFPB eases lending data rules as Congress targets $186B in errors

The Consumer Financial Protection Bureau has finalized a rollback of rules requiring banks to collect detailed demographic data on small business borrowers, reducing compliance demands. This coincides ...
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 ...