Why the CFPB is Still Writing Its Small Business Data Rule a Decade Later

American Banker, July 12, 2022–Kate Berry (subscription)
One of the Consumer Financial Protection Bureau’s most important rules — requiring that lenders collect data on small-business loans — has proven to be so difficult to write that the agency had to agree under a court order to finish the rule by early next year.
https://www.americanbanker.com/news/why-the-cfpbs-small-business-data-rule-took-12-years-to-write