United States of America: Consumer Financial Protection Bureau proposed rule redefining standard for supervising nonbank financial companies

Progress

Current status
under deliberation
26 Sep 2025 under deliberation
25 Sep 2025 processing consultation
26 Aug 2025 in consultation

Scope

Implementers
United States of America
Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
competition authority
Implementation Level
national

Timeline of events

26 Sep 2025
under deliberation

Attorneys General issued joint opinion on Consumer Financial Protection Bureau Proposed Rule

On 26 September 2025, 21 Attorneys General issued a joint opinion opposing a Consumer Financial Protection Bureau (CFPB) proposed rule that would redefine the standard for supervising nonbank financial companies. They argue that the rule would illeg…

Event type order
Action type opinion
Government branch executive
Government body competition authority
25 Sep 2025
processing consultation

Consumer Financial Protection Bureau closed consultation on proposed rule redefining standard for supervising nonbank financial companies

On 25 September 2025, the Consumer Financial Protection Bureau (CFPB) closed a consultation on a proposed rule redefining the standard for supervising nonbank financial companies. The rule offers a new, standardised definition for "risks to consumer…

Event type order
Action type consultation closed
Government branch executive
Government body competition authority
26 Aug 2025
in consultation

Consumer Financial Protection Bureau opened consultation on proposed rule redefining standard for supervising nonbank financial companies

On 26 August 2025, the Consumer Financial Protection Bureau (CFPB) opened a consultation on a proposed rule redefining the standard for supervising nonbank financial companies until 25 September 2025. The rule offers a new, standardised definition f…

Event type order
Action type consultation opened
Government branch executive
Government body competition authority