Protecting Americans From Harmful Data Broker Practices (Regulation V); Withdrawal of Proposed Rule

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Consumer Financial Protection Bureau 12 CFR Part 1022 [Docket No. CFPB-2024-0044] RIN 3170-AB27 AGENCY: Consumer Financial Protection Bureau. ACTION: Proposed rule; withdrawal. SUMMARY: The Consumer Financial Protection Bureau (Bureau or CFPB) is withdrawing its Notice of Proposed Rule: Protecting Americans from Harmful Data Broker Practices (Regulation V) (NPRM). The Bureau has determined that legislative rulemaking is not necessary or appropriate at this time to address the subject matter of the NPRM. The Bureau will not take any further action on the NPRM. DATES: The proposed rule is withdrawn as of May 15, 2025. ADDRESSES: You can view and download related documents and public comments by going to the website http://www.regulations.gov . Enter the docket number CFPB-2024-0044 in the search field. FOR FURTHER INFORMATION CONTACT: George Karithanom, Regulatory Implementation and Guidance Program Analyst, Office of Regulations, at 202-435-7700 or https://reginquiries.consumerfinance.gov/​ . If you require this document in an alternative electronic format, please contact CFPB_Accessibility@cfpb.gov . SUPPLEMENTARY INFORMATION: The Bureau is withdrawing the notice of proposed rulemaking published on December 13, 2024, 89 FR 101402 , Protecting Americans from Harmful Data Broker Practices (Regulation V). The proposed rule would have implemented certain Fair Credit Reporting Act (FCRA) definitions of consumer report and consumer reporting agency as well as certain of the F…