Regulations and policy
The CFPB issues rules to implement federal consumer financial laws to ensure that consumers have access to markets, products, and services that are fair, transparent, and competitive.
Recent Actions
- On April 22, 2026, the CFPB issued a final rule amending Regulation B, the regulation implementing the Equal Credit Opportunity Act (ECOA). Specifically, the CFPB removed the “effects test” from the regulation and affirmatively stated that ECOA does not recognize disparate-impact liability. It also modified the prohibition on “discouragement” to focus on statements of intent to discriminate rather than statements that merely create negative impressions. Lastly, the rule prohibited creditors from using race, color, national origin, or sex as common characteristics under Special Purpose Credit Programs (SPCPs) and imposed additional requirements for for-profit creditors wishing to use SPCPs. The amendments facilitate compliance with ECOA by ensuring that the obligations are consistent with the statute.
- On May 1, 2026, the CFPB issued a final rule that revised certain provisions of Regulation B, subpart B, which implements changes to ECOA made by section 1071 of the Dodd-Frank Act by refocusing coverage under the rule to core lenders, products, and data points. For example, the rule excluded merchant cash advances, small dollar transactions, and agricultural loans from coverage under Regulation B, subpart B. It also minimized data collection and reporting requirements to adhere more closely to statutory requirements for those creditors that remain covered under the rule. The rule eliminated pricing and denial-reason data and removed reference to LGBTQIA+-owned business status, as well as the use of disaggregated categories in collecting race and ethnicity data points. These changes thereby eliminate unnecessary compliance burdens that would raise the cost and may lower the availability of credit for small businesses and communities.
Our deregulatory agenda
The CFPB has adopted a robust deregulatory agenda which aims to reduce the burden on regulated entities and remove unnecessary regulation.
The CFPB is reviewing existing regulations to identify opportunities to streamline requirements, reduce unnecessary regulatory burden, and improve consistency with statutory authority. This work includes reassessing prior regulatory actions, aligning policy decisions with current administration priorities, and ensuring the CFPB’s rules remain targeted, lawful, and efficient.
Withdrawn and rescinded documents
In 2025, the CFPB rescinded or withdrew a number of final rules, proposed rules, and guidance documents that were issued since the CFPB assumed its functions in 2011.
- On April 11, 2025, Acting Director Vought issued an internal memorandum prohibiting improper use of guidance by the CFPB and directing a review of all guidance material previously produced.
- On May 12, 2025, the CFPB published Interpretive Rules, Policy Statements, and Advisory Opinions, Withdrawal . The document withdrew 8 policy statements, 7 interpretive rules, 13 advisory opinions, and 39 other guidance.
- The CFPB also separately withdrew or rescinded many other rulemaking documents, including final rules, final rules, proposed rules, and guidance documents. To learn more, see Semi-annual Report to Congress .
Nullified or vacated rules
- In 2025, several rules finalized under Director Chopra were made ineffective by joint resolutions of Congressional disapproval under the Congressional Review Act of 1966 or vacated by a court. To learn more, see Semi-annual Report to Congress .
Learn more about our deregulatory agenda and rulemaking work
Notices and opportunities to comment
The CFPB publishes notices requesting public comment on a variety of documents, including proposed rules and requests for information. We invite everyone to share their views.
Petitions for rulemaking
The CFPB responds to petitions from interested persons for the issuance, amendment, or repeal of a CFPB rule, as required by the Administrative Procedure Act.