Removing Barriers Blog

CFPB Issues Request for Information on Adopted Regulations and New Rulemaking Authorities
Posted March 15, 2018 by Chandler Schuette

Yesterday afternoon, the Consumer Financial Protection Bureau issued a Request for Information (RFI) on the Bureau’s adopted regulations and new rulemaking authorities.  According to the release, “The Bureau is seeking comments and information from interested parties to assist the Bureau in considering whether it should amend any rules it has issued since its creation or issue rules under new rulemaking authority provided for by the Dodd-Frank Act.”

Also noted in the release is the fact that this is the eighth RFI announced as part of Acting Director Mulvaney’s call for evidence to ensure the CFPB is fulfilling its proper and appropriate functions to best protect consumers.  The CFPB also expects to issue additional RFIs in the upcoming weeks.

The CPFB will begin accepting comments once the RFI is posted in the Federal Register – which is expected to be on March 19th.  CUNA appreciates the CFPB’s interest in ensuring the Bureau is fulfilling the proper roles and functions.

Read more about the CFPB's RFIs here.