Overview

• The bureau issued an advance notice of proposed rulemaking on Aug. 21 to revisit its Personal Financial Data Rights Rule under Section 1033.
• The ANPR seeks input on four issues: who may act as a consumer’s representative, whether providers may charge fees to defray costs, the data security cost–benefit, and the privacy risk landscape.
• Comments are due Oct. 21, 2025, following Federal Register publication, as the agency pursues an accelerated rewrite.
• Litigation challenging the 2024 final rule is stayed at the CFPB’s request, and the agency signaled it will extend compliance dates that were to begin in mid-2026.
• Industry tensions are rising, with reports that JPMorgan plans to charge for data access and more than 80 fintech and crypto leaders urging President Donald Trump to block account-access fees.