WASHINGTON, May 15 (TNSFR) -- The Consumer Financial Protection Bureau has formally rescinded a May 2022 interpretive rule that expanded the scope of State enforcement authority under the Consumer Financial Protection Act of 2010 (CFPA). Effective May 15, 2025, the rule, which had permitted States to initiate broader actions against financial service providers, including parallel enforcement efforts alongside the CFPB, has been withdrawn following a revised reading of the statutory framework est  more

WASHINGTON, May 15 (TNSFR) -- The Consumer Financial Protection Bureau has withdrawn its proposed rule titled "Prohibited Terms and Conditions in Agreements for Consumer Financial Products or Services (Regulation AA)," a regulation originally published on January 14, 2025, in the Federal Register at 90 FR 3566. This proposed rule aimed to prohibit contractual clauses in consumer financial product agreements that could limit consumer expression, waive substantive legal rights, or restrict remedi  more

WASHINGTON, May 15 (TNSFR) -- The Consumer Financial Protection Bureau has formally withdrawn a proposed interpretive rule intended to clarify how the Electronic Fund Transfer Act (EFTA) applies to emerging payment mechanisms used for accounts established for personal, family, or household purposes. The proposal, originally published in the Federal Register on January 15, 2025 (90 FR 3723), aimed to assist companies, financial institutions, investors, and other market stakeholders in understand  more

WASHINGTON, May 15 (TNSFR) -- The Consumer Financial Protection Bureau has formally withdrawn its proposed rule titled "Protecting Americans from Harmful Data Broker Practices (Regulation V)," which was initially published on December 13, 2024, in the Federal Register at 89 FR 101402. This proposed rule aimed to revise interpretations and applications of the Fair Credit Reporting Act (FCRA), specifically redefining "consumer report" and "consumer reporting agency" while setting limitations on t  more

WASHINGTON, May 15 (TNSFR) -- The U.S. Department of Health and Human Services Centers for Medicare & Medicaid Services has issued a proposed rule aimed at preserving the integrity of Medicaid financing by closing a longstanding regulatory loophole in health care-related tax waivers that has allowed certain states to disproportionately shift the program's financial burden to the federal government. Published in the Federal Register on May 15, 2025, the rule targets a flaw in the statistical tes  more

WASHINGTON, May 15 (TNSFR) -- The U.S. Department of Transportation Federal Aviation Administration (FAA) has issued a notice of proposed rulemaking for certain Dassault Aviation Model Falcon 2000EX airplanes to address a critical safety concern involving the very high frequency omnidirectional range and localizer (VOR/LOC) antenna coupler. This action follows reports of incorrect installations of the antenna coupler, which could cause oscillations in lateral deviation indicators during instrum  more

WASHINGTON, May 15 (TNSFR) -- The U.S. Department of the Interior Fish and Wildlife Service has issued a proposed rule to open or expand hunting and sport fishing opportunities on 16 National Wildlife Refuge System stations and one National Fish Hatchery System station for the 2025-2026 season. Among the key expansions, the Southern Maryland Woodlands National Wildlife Refuge will offer inaugural hunting opportunities, marking its first season open for this use since becoming the newest addition  more

WASHINGTON, May 15 (TNSFR) -- The U.S. Department of the Treasury Office of the Comptroller of the Currency (OCC) has issued an interim final rule rescinding key components of its 2024 Bank Merger Act (BMA) procedural overhaul, effectively restoring the streamlined application and expedited review procedures previously in place for national bank and federal savings association combinations. Published in the Federal Register on May 15, 2025, the new rule reverses the 2024 Final Rule that had add  more