Fintech Makes the Case for CFPB Open Banking Rule

Also, Fromer leaving Financial Services Forum; Trump blames Biden regulators for debanking

Since the beginning of the Trump administration, the battle over the fate of the CFPB’s open banking rule has been relatively one-sided. Banks, looking to overturn the data-sharing regulation, have made their case in a high-profile court challenge filed last year. And when the bureau itself offered a response to the lawsuit about a month ago, it did an …