Earlier this month, the CFPB issued four separate advance notices of proposed rulemaking with respect to rules that give the CFPB authority over nonbank companies in the auto finance, international money transfer, debt...more
8/25/2025
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Automotive Loans ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Reporting Agencies ,
Debt Collection ,
Larger Participant ,
Money Transfer ,
Non-Depository Institutions ,
Nonbank Firms ,
Proposed Rules ,
Regulatory Reform ,
Remittance Transfer Rule
Over the past month, the Consumer Financial Protection Bureau (CFPB) took a slew of actions with the apparent aim to decrease the CFPB’s regulatory authority.
On May 14, 2025, the CFPB proposed rescinding the “NBR Rule”...more