The Consumer Financial Protection Bureau will convene its Consumer Advisory Board (CAB) on Dec. 10 for a public meeting focused on fair-lending concerns and the growing national debate over “debanking.” The virtual session, scheduled from 11 a.m. to 12:30 p.m. EST, will draw consumer advocates, financial-services experts and industry representatives to help guide the Bureau’s policy priorities for 2026.
Of note, the CFPB's funding is scheduled to run out by Jan. 1, 2026 unless Congress steps in to find money to keep the Bureau running. If not, the CFPB may be dismantled or shut down entirely.
According to the Federal Register filing, the CAB is charged under Section 1014(a) of the Dodd-Frank Act with advising and consulting with the Bureau on its functions under federal consumer-finance laws. The Board provides insight into emerging products, regional practices, risks and market trends, serving as an early warning system for the CFPB as it evaluates regulatory and supervisory strategies.
The December meeting will center on fair-lending and debanking, topics that have drawn heightened attention as consumers and small businesses report inconsistent account closures, access restrictions and changes in bank risk models. The Bureau said the conversation will occur within the context of its Unified Regulatory Agenda, suggesting that future rulemaking or guidance could follow.
The meeting is open to the public, and individuals must RSVP to receive dial-in details.
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