CFPB to rescind open banking rule
May 28, 2025
May 28, 2025
WASHINGTON, May 28 [Category: Financial Services] -- America's Credit Unions posted the following news:
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CFPB to rescind open banking rule
The CFPB intends to rescind its open banking rule under section 1033 of Dodd-Frank. According to a legal filing in a challenge to the rule filed Friday, bureau leadership has "determined that the rule is unlawful and should be set aside."
The rule would require data provider financial in . . .
* * *
CFPB to rescind open banking rule
The CFPB intends to rescind its open banking rule under section 1033 of Dodd-Frank. According to a legal filing in a challenge to the rule filed Friday, bureau leadership has "determined that the rule is unlawful and should be set aside."
The rule would require data provider financial in . . .