Recent CFPB Activities with Summaries
The Consumer Financial Protection Bureau (CFPB) has recently undertaken several regulatory and enforcement actions that influence the financial sector. Below is a catalogue of these key activities, along with brief overviews of the corresponding rules and guidance.
Recent CFPB Activities with Summaries
| Date | CFPB Notification of Rules | Summaries/Comment Letters | Important Dates |
|---|---|---|---|
| May | Recission of the Bureau’s Interpretative Rule on the Authority of States to Enforce the Consumer Financial Protection Act of 2010 | Summary | The interpretative rule published on May 26, 2022 is rescinded effective May 15, 2025. |
| May | CFPB withdrawal of proposed interpretive rule – Electronic Funds Transfers (Emerging Payment Mechanisms) | Summary | The Bureau is withdrawing this proposed interpretive rule effective as of May 15, 2025. |
| May | CFPB withdrawal of the proposed rule on Harmful Data Broker Practices | Summary | The Bureau is withdrawing its proposed rule on Harmful Data Broker Practices effective as of May 15, 2025. |
| May | Proposed Rule on Prohibited Terms/Conditions in Agreements for Consumer Financial Products/Services | Summary | The Bureau will not take any further action on the NPRM at that time and the withdrawal is effective as of May 15, 2025. |