Fair Credit Reporting Act; Preemption of State Laws

October 30, 2025 / Source: Consumer Financial Protection Bureau

Action:

Interpretive Rule.

Summary:

The Consumer Financial Protection Bureau (Bureau) is issuing this interpretive rule to clarify that the Fair Credit Reporting Act (FCRA) generally preempts State laws that touch on broad areas of credit reporting, consistent with Congress’s intent to create national standards for the credit reporting system. This interpretive rule replaces a July 2022 interpretive rule that the Bureau withdrew in May 2025.

Dates:

This interpretive rule is applicable on October 28, 2025.