Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders; Proposed Rescission

Document 2025-08345 is a Proposed Rule published by the Consumer Financial Protection Bureau in the Federal Register on May 14, 2025. The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing to rescind its rule requiring certain types of nonbank covered persons subject to certain final public orders obtained or issued by a government agency in connection with the offering or provision of a consumer financial product or service to report the existence of the orders and related information to a Bureau registry. View the original at https://www.federalregister.gov/documents/2025/05/14/2025-08345/registry-of-nonbank-covered-persons-subject-to-certain-agency-and-court-orders-proposed-rescission.

No. Document 2025-08345 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.