Texas ABA Motion for Preliminary Injunction Regulation B

Texas Bankers Association, Rio Bank, McAllen, Texas, and American Bankers Association (Plaintiffs),

vs.

Consumer Financial Protection Bureau

CIVIL ACTION NO. 7:23-CV-00144

ORDER GRANTING IN-PART AND DENYING IN-PART PLAINTIFFS’ MOTION FOR PRELIMINARY INJUNCTION

Now before the Court is Plaintiffs’ Motion for Preliminary Injunction filed by the three Plaintiffs—Texas Bankers Association, Rio Bank, McAllen, Texas, and American Bankers Association (collectively “Plaintiffs”). (Dkt. No. 13). This action arises in response to the “Small Business Lending Rule Under the Equal Opportunity Act (Regulation B)” (“the Final Rule”) issued by Defendant Consumer Financial Protection Bureau (“the Bureau”). See 88 Fed. Reg. 35,150 (May 31, 2023). The Final Rule requires covered financial institutions to collect and report to the Bureau data on applications for credit for small businesses. Id.

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