Under section 1024 of the Consumer Financial Protection Act (CFPA), the CFPB is authorized to supervise certain nonbank covered persons for compliance with federal consumer financial laws and for other purposes. Under section 1024(a)(1)(B) of the CFPA, for certain markets, the supervision program generally will apply only to "larger participant[s]" of these markets as defined by rule. The CFPB has previously defined larger participants in several markets and has released a proposed rule to define larger participants in a market for general-use digital consumer payment applications. Under the proposal, larger participants of this market would be subject to the CFPB’s supervisory authority under the CFPA.