CFPBFinal Rule
Environmental Assessment and Finding of No Significant Impact
Finance & BankingEnvironmentOther
Ad Space (leaderboard)
Summary
The Consumer Financial Protection Bureau (CFPB) completed an environmental review and determined that a new rule or policy will not cause significant harm to the environment. This means the agency can move forward with the rule without preparing an extensive environmental impact study.
Key Points
- 1The CFPB reviewed potential environmental effects of a new financial regulation and found no major environmental concerns
- 2This decision allows the agency to skip the lengthy environmental review process and implement the rule more quickly
- 3The rule likely affects financial companies, banks, or consumer lending practices rather than environmental industries
- 4This is a procedural step that clears the way for the actual financial regulation to take effect
- 5The public can review the CFPB's reasoning in the official docket if they want more details about the environmental assessment
Key Dates
Published
January 10, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
The Digest Network
Ad Space (rectangle)
Related Regulations
OCCFinance & Banking
Bank Appeals Process
IRSFinance & Banking
Updating Regulation References to Reflect Reorganizations at the Department of Justice and the Internal Revenue Service
FTCFinance & Banking