# The Consumer Financial Protection Bureau is asking stakeholders for their input before it reworks an open banking rule.

*fintech · news · 2025-08-22 · Forbes*

## Key points

- The CFPB is soliciting public input on revising the open banking rule regarding consumer financial data access.
- JPMorgan has announced it will impose significant fees for data access, prompting similar considerations by other banks.
- The CFPB is considering whether to implement a price cap on bank fees for fintech data access.
- The agency’s solicitation document outlines 36 specific questions including who bears the cost of data transfers.
- This is the first step post-federal court approval for the CFPB to rewrite the open banking rules.

**Companies:** JPMorgan, Chime, Stripe, Robinhood, Plaid, MX
**Countries:** United States

[Read the full story on Forbes](https://www.forbes.com/sites/juliegoldenberg/2025/08/22/trump-administration-wants-comments-on-controversial-rule-governing-access-to-consumer-financial-data/)

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