Description

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…

Scope

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

Complete timeline of this policy change

Hide details
2025-08-26
in consultation

On 26 August 2025, the Consumer Financial Protection Bureau (CFPB) opened a consultation on a propo…

2025-09-25
processing consultation

On 25 September 2025, the Consumer Financial Protection Bureau (CFPB) closed a consultation on a pr…

2025-09-26
under deliberation

On 26 September 2025, 21 Attorneys General issued a joint opinion opposing a Consumer Financial Pro…