The Office of Advocacy will host a virtual roundtable in the financial sector on November 25, 2025, at 2:00 PM ET on the Microsoft Teams platform. The discussion will focus on the Consumer Financial Protection Bureau’s (CFPB) proposed revisions to Section 1071 of the Small Business Lending Rule.
Date: November 25, 2025
Time: 2:00 PM – 3:30 PM ET
Meeting Platform: Microsoft Teams
The CFPB believes the proposed revisions would streamline the rule, reduce complexity for lenders, and improve data quality. Advocacy seeks comments on all the proposed revisions, including the coverage of certain credit transactions, the inclusion and collection of certain data points, the compliance date, and the small business definition.
Advocacy is an independent government office responsible for advancing the views of small businesses in the regulatory policy across the federal government. We conduct roundtables to hear the experiences, challenges, and recommendations of small businesses, and identify alternative approaches for policy development at federal regulatory agencies. Our roundtables are largely held online to facilitate the attendance of stakeholders from a diverse range of backgrounds, industries, and geographic regions.
Roundtable meetings are open to all interested persons and are intended to facilitate an open and frank discussion about issues of interest to small business. These meetings are off the record and not intended for press purposes. Direct quotations of presenters or attendees may not be used without direct written approval of the person(s) making the statement. All press inquiries should be sent to Chandler Baxter at chandler.baxter@sba.gov. Agendas and presentations are available to all. If you need accommodations for a disability to participate in the roundtable, please contact Will Purcell for assistance at will.purcell@sba.gov.