On June 21, the CFPB published a data spotlight, titled Banking and Credit Access in the Southern Region of the U.S., addressing banking and credit access, particularly mortgage.
Rio Bank, the American Bankers Association and the Texas Bankers Association have sued the Consumer Financial Protection Bureau and have moved for preliminary injunctive relief to.
American Bankers' Association joined Texas lawsuit opposing CFBC's Final Rule amending Dodd-Frank Act. Rule requires banks collect and report minority and gender data about small business owners seeking credit. Suit argues compliance and necessary security too costly.
Within a little less than four weeks after the publication on March 30, by the Consumer Financial Protection Bureau (CFPB) of its nearly 900-page final rule related to small business.