August 03, 2023
The Consumer Financial Protection Bureau is facing calls from banking industry trade groups to put its small-business loan data collection rule on hold for all insured banks, not just those covered by an injunction that the groups recently won in an ongoing Texas federal court lawsuit over the rule.
July 31, 2023
A Texas federal judge put a hold Monday on the Consumer Financial Protection Bureau's recently finalized small business lending reporting requirements for numerous banks across the country while the U.S. Supreme Court considers the constitutionality of the agency's funding.
June 20, 2023
The Consumer Financial Protection Bureau has urged a Texas federal judge to reject a proposed injunction on its implementation of a small-business lending data collection rule, arguing that the Texas Bankers Association and other industry players challenging the rule have failed to establish standing, among other things.
April 26, 2023
The Texas Bankers Association is suing the Consumer Financial Protection Bureau in Texas federal court, challenging a new rule requiring lenders to gather and report data on loan applications from minority, LGBTQ+ and women-owned small businesses, arguing the rule would overly burden and drive small lenders from the market.