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 ...
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 ...
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 ...
Nextgov

US proposes rule to prevent the sale of financial data to foreign adversaries

The Consumer Financial Protection Bureau on Tuesday proposed a long-anticipated rule that would require data brokers to comply with credit bureau reporting standards, in an effort to prevent Americans ...