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Senators back open banking rule

Senators warn that big banks charging fees on financial data access could stifle competition and harm consumers, urging the CFPB to enforce data-sharing rights without costs.

Summary by bankingdive.com
Democrats urged the Consumer Financial Protection Bureau to pursue an open banking rule that lets consumers freely shift personal financial data.

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Senators back open banking rule

Democrats urged the Consumer Financial Protection Bureau to pursue an open banking rule that lets consumers freely shift personal financial data.

Read Full Article
bankingdive.combankingdive.com
Center

Senators back open banking rule

Democrats urged the Consumer Financial Protection Bureau to pursue an open banking rule that lets consumers freely shift personal financial data.

Read Full Article
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bankingdive.com broke the news in on Friday, November 21, 2025.
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