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Expert Analysis

Open Banking Is On Ice As CFPB Seeks To Toss Its Own Rule

By Obrea Poindexter and Palmer Quamme ( July 24, 2025, 4:48 PM EDT) -- On May 30, the Consumer Financial Protection Bureau in Forcht Bank NA v. CFPB took the rare step of asking the U.S. District Court for the Eastern District of Kentucky to vacate the bureau's own final rule implementing Section 1033 of the Dodd-Frank Act....

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