Consumer Financial Protection Bureau to Review Preemption of New York State Commercial Financing Law Under Truth in Lending Act

Summary

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on its intent to determine whether the Truth in Lending Act (TILA) preempts a New York State law governing commercial financing, and also considers similar laws in California, Utah, and Virginia.

Original source language: Federal Register — Consumer Financial Protection BureauOpen original release →

Add your company to Business Communicator

We monitor business sources and connect attention with companies, profiles and services available in Business Communicator.

Create a free company profile Explore businesses on Business Maps →

Create a free company profile →

Explore insights

Business insights →

Global Markets News Trade Regulation News Business Technology News Fintech for Business: Payments & Banking News Supply Chain News Central Bank Policy News

Related business signals

Finance & markets · 7/9/2026

CFPB Requests Information on Reducing Regulatory Burdens on Mortgage Credit

The Consumer Financial Protection Bureau is seeking public input on potential changes to reduce regulatory burdens and promote access to mortgage credit for creditworthy borrowers, focusing on TILA-RESPA integrated disclosures and other related issues.

Read summary →

Finance & markets · 6/8/2026

Consumer Financial Protection Bureau Issues Statement on Ability to Repay and Immigration Status

The Consumer Financial Protection Bureau (CFPB) is reminding creditors of their obligations under the Truth in Lending Act (TILA) and Regulation Z, as mandated by Executive Order 14406.

Read summary →

Finance & markets · 12/23/2025

CFPB Issues Advisory Opinion on Earned Wage Access Products Under Regulation Z

The Consumer Financial Protection Bureau (CFPB) is issuing an advisory opinion to clarify the applicability of Regulation Z to earned wage access products, withdrawing a proposed interpretive rule in the process. The CFPB aims to resolve regulatory uncertainty regarding the definition of credit and finance charge under the Truth in Lending Act.

Read summary →

Finance & markets · 12/10/2025

Agency Information Collection Activities: Comment Request

The Consumer Financial Protection Bureau (CFPB) is requesting to extend the approval for the 'Truth in Savings (Regulation DD)' information collection, which is currently set to expire, in accordance with the Paperwork Reduction Act of 1995 (PRA).

Read summary →

Finance & markets · 5/20/2026

CFPB Proposes Modification to Employee Administrative Records System Under Privacy Act

The Consumer Financial Protection Bureau (CFPB) is proposing a modification to its Employee Administrative Records System, allowing for the disclosure of records to the news media and the public under specific circumstances, in accordance with the Privacy Act of 1974.

Read summary →

Finance & markets · 5/1/2026

CFPB Revises Regulation B to Streamline Small Business Lending

The Consumer Financial Protection Bureau is revising certain provisions of Regulation B to simplify small business lending, improve data quality, and reduce complexity for lenders, as part of changes to the Equal Credit Opportunity Act.

Read summary →