WASHINGTON, May 15 -- Consumer Financial Protection Bureau has issued a rule called: Authority of States To Enforce the Consumer Financial Protection Act of 2010; Rescission.
The rule was published in the Federal Register on May 15 by Russell Vought, Acting Director, Consumer Financial Protection Bureau.
Summary: The Consumer Financial Protection Bureau (Bureau or CFPB) is rescinding its May 2022 interpretive rule regarding the scope of State enforcement under section 1042 of the Consumer Financial Protection Act of 2010 (CFPA) and related provisions.
For more information, contact George Karithanom, Regulatory Implementation and Guidance Program Analyst, Office of Regulations, at 202-435-7700. If you require this document in an alternati...