The Consumer Financial Protection Bureau ("CFPB") listed the regulatory matters that it will consider from October 1, 2018 to September 30, 2019.
On its official website, the CFPB explained that much of the current rulemaking work is focused on implementing directives mandated in the Economic Growth, Regulatory Relief and Consumer Protection Act, the Dodd-Frank Act and other statutes. The agency said that it intends to reconsider the Payday, Vehicle Title, and Certain High-Cost Installment Loans rule before the scheduled compliance date in August 2019. Further, the CFPB will continue to conduct research and pre-rulemaking activities regarding debt collection activities.
In addition, the CFPB said that, by March 2019, the agency expects to issue a proposed rule on how to apply the Fair Debt Collection Practices Act to collection practices. The agency stated that it will also begin work in 2019 on an assessment of the TILA-RESPA Integrated Disclosure Rule. The CFPB also stated it will issue a more comprehensive statement of priorities to reflect ongoing market monitoring before the Spring 2019 agenda is released.
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