CFPB Finalizes Extended Compliance Dates For Small Business Lending Rule

The CFPB finalized its June 18, 2025, interim final rule on Oct. 2, 2025, amending Regulation B to extend the compliance dates set forth in its small business lending rule (issued in March 2023 to implement Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act) and to make other date-related conforming adjustments. The final rule is effective Dec. 1, 2025 (60 days after publication of this final rule in the Federal Register).

Background

On June 25, 2024, the CFPB issued an interim final rule to extend the rule's compliance dates in accordance with orders issued by the U.S. District Court for the Southern District of Texas. The 2024 interim final rule was published in the Federal Register on July 3, 2024. Challenges filed to the 2023 final rule remain ongoing in three jurisdictions; each of those courts have stayed the rule's compliance deadlines set forth in the 2024 interim final rule for the plaintiffs and intervenors in those cases.