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Banks urge CFPB to reverse credit card data collection rules due to costs.
Major banking groups urged the CFPB on April 10, 2026, to reverse proposed credit card data collection rules.
The associations, including the American Bankers Association and the Consumer Bankers Association, argued the changes would impose excessive costs and operational burdens on financial institutions.
They called for a reconsideration to ensure rules align with the bureau's mission of protecting consumers without hindering market stability.
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Los bancos instan a la CFPB a revertir las normas de recopilación de datos de tarjetas de crédito debido a los costos.