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Home > Federal Drive with Tom Temin > A new CFPB rule strengthens credit data standards, helping lenders and borrowers
Podcast: Federal Drive with Tom Temin
Episode:

A new CFPB rule strengthens credit data standards, helping lenders and borrowers

Category: Government & Organizations
Duration: 00:09:46
Publish Date: 2025-12-04 12:00:00
Description:

The Consumer Financial Protection Bureau has issued a new rule that reinforces national standards for credit reporting. It confirms that federal law takes precedence over conflicting state rules, a move the Consumer Data Industry Association says will improve consistency, lower costs, and protect access to credit. Dan Smith, President and CEO of CDIA, is here to explain what the rule means for lenders, borrowers, and the future of credit data.

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