On May 14, the U.S. District Court for the Eastern District of Kentucky granted a fintech trade organization’s motion to intervene in a case involving a bank plaintiff who sued the CFPB. The court ruled that the association could intervene because it demonstrated sufficient interest in the case’s outcome, which could affect its members’ businesses since they rely on consumer data access and sharing. As previously covered by InfoBytes, the court received a renewed motion from the association to intervene in a case against the CFPB’s Personal Financial Data Rights rule. The court deemed the association’s motion timely and found that since its interests were not adequately represented by the existing parties, it could intervene in the case. The court also denied the association’s motion to expedite as moot.
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