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FTA: Vacating 1033 Rule Is a Handout to the Biggest Banks
May 09, 2025
WASHINGTON, May 9 -- The Financial Technology Association issued the following news release on May 8, 2025:

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FTA: Vacating 1033 Rule Is a Handout to the Biggest Banks

WASHINGTON, D.C. - The Financial Technology Association today released a statement on reports that the Consumer Financial Protection Bureau intends to vacate the Section 1033 open banking rule:

"The open banking rule puts in place important consumer protections and rais . . .

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