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 ...
American Banker

Much-maligned small-business data rule close to finish line

Russell Vought, director of the Office of Management and Budget and acting director of the Consumer Financial Protection Bureau. The Consumer Financial Protection Bureau is set to finalize a ...
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 B, which implements section 1071 of the Dodd-Frank ...
JD Supra

CFPB Signals Significant Changes to Small Business Lending Rule: New Section 1071 Rulemaking Forthcoming

The Consumer Financial Protection Bureau (CFPB or Bureau) recently announced that it plans to revisit – and potentially revise – its controversial small business data collection rule implementing ...