This is a case brought by various banking-related entities (“Plaintiffs”) against the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) and Rohit Chopra in his official capacity as Director of the CFPB (collectively, “Defendants”). Plaintiffs challenge a rule promulgated by the CFPB which introduces heightened reporting requirements for banks and other financial institutions.
Pending before the Court are Plaintiffs’/Intervenors’ Motion to Supplement the Administrative Record (Dkt. No. 78), Plaintiffs’/Intervenors’ Consolidated Motion for Summary Judgment (Dkt. No. 79), and Defendants’ Combined Cross-Motion for Summary Judgment (Dkt. No. 91). After careful consideration of the Parties’ briefing and the relevant law, the Court finds that Plaintiffs’/Intervenors’ Motion to Supplement the Administrative Record (Dkt. No. 78) should be DENIED, Plaintiffs’/Intervenors’ Consolidated Motion for Summary Judgment (Dkt. No. 79) should be DENIED, and Defendants’ Combined Cross-Motion for Summary Judgment (Dkt. No. 91) should be GRANTED.