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CFPB RIN: 3170-AA42 Publication ID: Spring 2025 
Title: Overdraft Lending: Very Large Financial Institutions  
Abstract:

In December 2024, the CFPB issued a final rule that would have revised the application of Regulations E and Z to overdraft lending provided by very large financial institutions. The final rule had an effective date of October 1, 2025. However, Congress passed a joint resolution under the Congressional Review Act disapproving the rule, which was signed by the President on May 9, 2025. Pursuant to the signed joint resolution, the overdraft rule has no force or effect.

 
Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
EO 14192 Designation: Not subject to, not significant 
CFR Citation: 12 CFR 1005    12 CFR 1026   
Legal Authority: 15 U.S.C. 1601 et seq.    15 U.S.C. 1693 et seq.   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  02/23/2024  89 FR 13852   
Comment Period End  04/01/2024 
Final Rule  12/30/2024  89 FR 106768   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Joseph Baressi
Office of Regulations
Consumer Financial Protection Bureau
Phone:202 435-7700