CFPB Seeks Public Input on New and Existing Rules

The Consumer Financial Protection Bureau this week issued a new Request for Information (RFI) that seeks public input on whether the Bureau should amend previously published rules or publish new ones.

The CFPB will begin accepting comments once the RFI is printed in the Federal Register, which is expected on or around March 19. The RFI will be open for comment for 90 days.

This is the eighth in a series of RFIs announced as part of Acting Director Mick Mulvaney’s call for evidence to ensure the Bureau is fulfilling its proper and appropriate functions to best protect consumers. The next RFI, to be issued next week, will address the Bureau’s inherited regulations and inherited rulemaking authorities.