The Consumer Financial Protection Bureau (CFPB) recently released its Spring 2023 rulemaking agenda. The agenda includes a new rulemaking that did not appear on the Fall 2022 agenda—a rule to supervise, pursuant to Section 1024 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA), nonbank larger participants in the consumer payments market. The agenda gives a July 2023 estimate for issuance of a notice of proposed rulemaking.
CFPB Intends to Supervise and Examine Consumer Payments Companies
