Consumer Financial Protection Bureau Reverses Preemption Stance on State Laws
October 28, 2025
October 28, 2025
WASHINGTON, Oct. 28 (TNSFR) -- The Consumer Financial Protection Bureau released an interpretive rule that provides clarification on the preemption of State laws under the Fair Credit Reporting Act (FCRA). This rule is applicable on Oct. 28, 2025. It generally preempts State laws that address broad areas of credit reporting, aligning with Congress's goal of establishing national standards for the credit reporting system. This action replaces a July 2022 interpretive rule, which the bureau w . . .