The Consumer Financial Protection Bureau collected about 14,000 comments by a Tuesday deadline suggesting how it should revise an open banking rule.
Aside from the banks and fintechs clashing over how Americans may control their personal financial information, the issue drew commentary from a motley assortment of interests: advertisers, food suppliers, consumer advocates, convenience stores, credit unions, grocers, retailers, retirees, libertarians, mortgage lenders, taxpayers and cryptocurrency groups.
In a letter Tuesday, Sen. Cynthia Lummis, a Wyoming Republican, called the Section 1033 open banking portion “a bright spot” of the 2010 Dodd-Frank Act.