CFPBFinal Rule
Procedure Relating to Rulemaking; Rescission
Finance & BankingOther
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Summary
The Consumer Financial Protection Bureau (CFPB) is canceling or changing some of its previous rule-making procedures. This regulation affects how the CFPB creates and enforces rules that protect consumers in banking, lending, and other financial services.
Key Points
- 1The CFPB is rescinding (canceling) certain procedural rules that governed how it previously made new regulations
- 2This change affects the internal processes the agency uses to develop financial protection rules, not the existing consumer protections themselves
- 3Banks, lenders, and other financial companies may experience different requirements for how they interact with CFPB rule-making in the future
- 4Consumers could eventually see changes in how financial regulations are created and enforced, depending on what new rules the CFPB adopts
- 5The change was published in June 2025 and represents a shift in the agency's administrative approach to developing consumer financial protection rules
Key Dates
Published
June 18, 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.
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