United States of America: CFPB inquiry into state-level consumer data privacy laws' applicability to financial institutions
Progress
Current status
concluded
12 Nov 2024 concluded
Scope
Implementers
United States of America
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national
Timeline of events
Published CFPB findings report on state-level consumer data privacy laws
On 12 November 2024, the Consumer Financial Protection Bureau (CFPB) released a report on consumer data privacy laws recently enacted by 18 states. The report notes these laws were passed in response to limitations in the federal framework for consu…
Event type
inquiry
Action type
closure
Government branch
executive
Government body
consumer protection authority