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Updated-08.21.2025 - Landscape Version-Section 1033 Timeline

Rachel O'Brien

Created on August 5, 2025

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Transcript

Section 1033 Litigation Timeline

March 26, 2025

February 25, 2025

March 27, 2025

CFPB and BPI file a joint motion to extend the stay by 60 days while CFPB continues to consider the rule.

Plaintiffs and Defendants file a joint motion to stay proceedings for 30 days, including a tolling of compliance deadlines, while CFPB considers the rule under new leadership.

May 12, 2025

February 12, 2025

Court grants a 60-day extension of briefing schedule and the compliance dates.

November 18, 2024

CFPB files response to FTA Motion to Intervene.

Financial Technology Association (FTA) files Motion to Intervene.

Banks file amended complaint.

May 12, 2025

December 27, 2024

October 22, 2024

February 25, 2025

March 26

February 25, 2025

Plaintiffs file response not opposing FTA Motion to Intervene.

Motion to stay proceedings granted and compliance deadlines for largest banks extended from April 1 to May 1.

CFPB files answer to amended complaint

FTA files Renewed Motion to Intervene.

Banks challenge CFPB rule jeopardizing security and privacy of consumer financial data.

Judge denies FTA’s Motion to Intervene.

Continue

Section 1033 Litigation Timeline

June 29, 2025

July 29, 2025

July 29, 2025

July 8, 2025

May 23, 2025

CFPB files motion to stay proceedings while they initiate a new rulemaking process and a motion to delay the filing of their reply brief;

FTA files combined motion for summary judgment and opposition to BPI/KBA’s and CFPB’s motions for summary judgment.

Court grants CFPB’s motion to stay pending CFPB’s new rulemaking; joint status report due every 45 days

Judge denies motions to file amicus briefs in support of FTA by (i) FDATA and (ii) Public Citizen

CFPB indicates in status report that Section 1033 rule is unlawful and should be set aside.

July 7, 2025

May 30, 2025

July 29, 2025

July 29, 2025

May 14, 2025

Plaintiffs file Reply Brief and Opposition to FTA’s Cross-Motion for Summary Judgment.

CFPB files Motion for Summary Judgment asking the court to vacate the rule because it is unlawful | BPI files Motion for Summary Judgment asking the court to vacate the rule because it is unlawful

FTA files response to the CFPB’s motion to stay, not opposing, but preserving its right to challenge any postponement of existing compliance dates.

Motion to Intervene granted.

Judge Reeves denies motions to file amicus briefs in support of FTA by (i) Financial Health Network, Consumer Reports, and Saverlife; (ii) the American Fintech Council.

Back

Plaintiffs and Defendants file a joint motion to stay proceedings for 30 days, including a tolling of compliance deadlines, while CFPB considers the rule under new leadership.
Learn More
CFPB files Motion for Summary Judgment asking the court to vacate the rule because it is unlawful
BPI files Motion for Summary Judgment asking the court to vacate the rule because it is unlawful
Learn More
CFPB files response to FTA Motion to Intervene.
Learn More
Banks Challenge CFPB Rule Jeopardizing Security and Privacy of Consumer Financial Data.
Learn More
Judge denies FTA'sMotion to Intervene.
Learn More
CFPB and BPI file a joint motion to extend the stay by 60 days while CFPB continues to consider the rule.
Learn More
Judge denies FTA'sMotion to Intervene.
Learn More
Court grants a 60-day extension of briefing schedule and the compliance dates.
Learn More
CFPB files response to FTA Motion to Intervene.
Learn More
Financial Technology Association (FTA) files Motion to Intervene.
Learn More
CFPB files Motion for Summary Judgment asking the court to vacate the rule because it is unlawful
BPI files Motion for Summary Judgment asking the court to vacate the rule because it is unlawful
Learn More
Plaintiffs and Defendants file a joint motion to stay proceedings for 30 days, including a tolling of compliance deadlines, while CFPB considers the rule under new leadership.
Learn More
Court grants a 60-day extension of briefing schedule and the compliance dates.
Learn More
CFPB indicates in status report that the Section 1033 rule is unlawful and should be set aside.
Learn More
FTA files Renewed Motion to Intervene.
Learn More
Motion to Intervene granted.
Learn More
Motion to stay proceedings granted and compliance deadlines for largest banks extended from April 1 to May 1.
Learn More
Plaintiffs file response not opposing FTA Motion to Intervene.
Learn More
Financial Technology Association (FTA) files Motion to Intervene.
Learn More
Banks Challenge CFPB Rule Jeopardizing Security and Privacy of Consumer Financial Data.
Learn More
CFPB and BPI file a joint motion to extend the stay by 60 days while CFPB continues to consider the rule.
Learn More
Motion to Intervene granted.
Learn More
Motion to stay proceedings granted and compliance deadlines for largest banks extended from April 1 to May 1.
Learn More
CFPB indicates in status report that the Section 1033 rule is unlawful and should be set aside.
Learn More
FTA files Renewed Motion to Intervene.
Learn More
Plaintiffs file response not opposing FTA Motion to Intervene.
Learn More