{"id":3881,"date":"2021-12-14T12:19:09","date_gmt":"2021-12-14T17:19:09","guid":{"rendered":"https:\/\/www.ncultheaffiliate.com\/?p=3881"},"modified":"2021-12-14T12:19:20","modified_gmt":"2021-12-14T17:19:20","slug":"regulatory-actions-the-cfpb-intends-to-pursue","status":"publish","type":"post","link":"https:\/\/www.ncultheaffiliate.com\/?p=3881","title":{"rendered":"Regulatory Actions the CFPB Intends to Pursue"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221;][et_pb_row _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;]<\/p>\n<p>The CFPB recently announced\u00a0<a href=\"https:\/\/www.consumerfinance.gov\/about-us\/blog\/fall-2021-rulemaking-agenda\/\"><em>a list of six regulatory actions<\/em><\/a>\u00a0it intends to pursue as part of its fall 2021 agenda through Oct. 31, 2022.<\/p>\n<p>\u201cOur fall 2021 agenda reflects the continuation of significant rulemakings that further our consumer financial protection mission and help to advance the country\u2019s economic recovery from the financial crisis related to the COVID-19 pandemic,\u201d the CFPB said in a statement. \u201cWe also continue to prioritize work that promotes racial and economic equity and supports underserved and marginalized communities by, among other things, facilitating access to fair and affordable credit.\u201d<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-1280  alignleft\" src=\"http:\/\/www.ncultheaffiliate.com\/wp-content\/uploads\/2014\/12\/CUA-CFPB.jpg\" alt=\"\" width=\"203\" height=\"80\" srcset=\"https:\/\/www.ncultheaffiliate.com\/wp-content\/uploads\/2014\/12\/CUA-CFPB.jpg 470w, https:\/\/www.ncultheaffiliate.com\/wp-content\/uploads\/2014\/12\/CUA-CFPB-300x118.jpg 300w\" sizes=\"(max-width: 203px) 100vw, 203px\" \/>The statement also noted that the bureau\u2019s newly confirmed director, Rohit Chopra, began his term on Oct. 12, 2021, after it had submitted the fall 2021 agenda to OMB, and anticipates that Chopra\u2019s regulatory priorities will be more fully reflected in the Spring 2022 agenda. The <a href=\"https:\/\/www.regreport.info\/2021\/12\/13\/bureau-targets-six-key-regulatory-activities-for-new-year-overdraft-fees-among-them\/\"><em>Regulatory Report<\/em><\/a>\u00a0noted that \u201c[c]onspicuously missing from the list of \u2018key actions\u2019 is anything new on regulating overdraft fees at banks and credit unions. Two weeks ago, the agency signaled it would be acting on the fees with the aim, it said, of restoring \u2018meaningful competition.\u2019\u201d<\/p>\n<p>Regulatory actions the CFPB intends to pursue in its fall 2021 agenda include:<\/p>\n<ul>\n<li>Small business lending data collection;<\/li>\n<li>Availability of electronic consumer financial account data;<\/li>\n<li>Property assessed clean energy financing;<\/li>\n<li>Standards for automated valuation models;<\/li>\n<li>Facilitating transition away from LIBOR index; and<\/li>\n<li>Reviewing existing regulations and market monitoring.<\/li>\n<\/ul>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n  ","protected":false},"excerpt":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221;][et_pb_row _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.9.4&#8243; _module_preset=&#8221;default&#8221;] The CFPB recently announced\u00a0a list of six regulatory actions\u00a0it intends to pursue as part of its fall 2021 agenda through Oct. 31, 2022. \u201cOur fall 2021 agenda reflects the continuation of significant rulemakings that further our consumer financial protection mission and help [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts\/3881"}],"collection":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3881"}],"version-history":[{"count":0,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=\/wp\/v2\/posts\/3881\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ncultheaffiliate.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}