July 11, 2022
A California federal judge signed off Monday on a settlement deadline that gives the Consumer Financial Protection Bureau just under nine months to finalize regulations creating an expansive new data collection regime covering the $1.4 trillion small business lending market.
July 16, 2021
A California federal judge on Friday approved a Sept. 30 deadline for the Consumer Financial Protection Bureau to finally propose rules carrying out a decade-old small-business lending data collection mandate that the agency was previously sued for allegedly ignoring.
August 25, 2020
The Consumer Financial Protection Bureau on Monday said it remains "on track" to release next month an outline of proposals it's considering for carrying out a decade-old small-business lending data collection mandate, which community advocates previously sued the agency for allegedly ignoring.
February 26, 2020
The Consumer Financial Protection Bureau has reached a deal to end a lawsuit accusing it of ignoring its decade-old mandate to collect small-business lending data, agreeing to stick to a timetable for drafting and finalizing the necessary regulations in what community advocates behind the suit say is a "big win."
November 12, 2019
The Consumer Financial Protection Bureau has told a California federal court that it plans within a year to release an "outline of proposals" for rules implementing a nearly decade-old mandate to collect small-business lending data, a project that community groups are suing the agency for allegedly ignoring.