Law360, New York (July 16, 2015, 12:49 PM EDT) -- On July 10, 2015, Sen. Cory Booker and 18 other senators, including Sen. Elizabeth Warren, sent a letter to Consumer Financial Protection Bureau Director Richard Cordray urging him to "expedite the agency's rulemaking around publicly available small business loan data." This letter is almost certain to spur CFPB action on the only rule-making mandated by the Dodd-Frank Act that the agency has not taken steps to issue. Although the statute was enacted in 2010 and became effective in 2011, this rule has languished even as the CFPB has now turned its attention to discretionary rule-makings not mandated by the Dodd-Frank Act. As a result, financial institutions lending to businesses may now want to consider the potential consequences of the rule and strategies for shaping its final form....