94600 Federal Register / Vol. 89, No. 230 / Friday, November 29, 2024 / Rules and Regulations 

6The Bureau of Labor Statistics began reporting 

CPI–U with three decimal points instead of one 

decimal point in 2007. 

7 5 U.S.C. 553(b)(B). 

8 5 U.S.C. 603(a), 604(a). 

9 44 U.S.C. 3506; 5 CFR part 1320. 

Between September 1997 and 

September 2024, the CPI–U increased by 

95.596 percent from an index value of 

161.2 in September 1997 to a value of 

315.301 in September 2024.6 An 

increase of 95.596 percent in the $8.00 

base figure would lead to a figure of 

$15.65. However, because the statute 

directs that the resulting figure be 

rounded to the nearest $0.50, the 

maximum allowable charge is $15.50. 

The CFPB therefore determines that the 

maximum allowable charge for the year 

2025 will remain $15.50. 

III. Procedural Requirements 

A. Administrative Procedure Act 

Under the Administrative Procedure 

Act (APA), notice and opportunity for 

public comment are not required if the 

CFPB finds that notice and public 

comment are impracticable, 

unnecessary, or contrary to the public 

interest.7 Pursuant to this final rule, in 

Regulation V, Appendix O is amended 

to update the maximum allowable 

charge for 2025 under section 612(f). 

The amendments in this final rule are 

technical and non-discretionary, as they 

merely apply the method previously 

established in Regulation V for 

determining adjustments to the 

thresholds. For these reasons, the CFPB 

has determined that publishing a notice 

of proposed rulemaking and providing 

opportunity for public comment are 

unnecessary. The amendments therefore 

are adopted in final form. 

B. Regulatory Flexibility Act 

The Regulatory Flexibility Act (RFA) 

does not apply to a rulemaking where a 

general notice of proposed rulemaking 

is not required.8 As noted previously, 

the CFPB has determined that it is 

unnecessary to publish a general notice 

of proposed rulemaking for this final 

rule. Accordingly, the RFA’s 

requirement relating to an initial and 

final regulatory flexibility analysis does 

not apply. 

C. Paperwork Reduction Act 

The information collections contained 

in Regulation V, which implements the 

FCRA, are approved by the Office of 

Management and Budget under Control 

number 3170–0002. The current 

approval for this control number expires 

on October 31, 2025. In accordance with 

the Paperwork Reduction Act of 1995,9

the CFPB reviewed this final rule. The 

CFPB has determined that this rule does 

not create any new information 

collections or substantially revise any 

existing collections. 

D. Congressional Review Act 

Pursuant to the Congressional Review 

Act (5 U.S.C. 801 et seq.), the CFPB will 

submit a report containing this rule and 

other required information to the United 

States Senate, the United States House 

of Representatives, and the Comptroller 

General of the United States prior to the 

rule taking effect. The Office of 

Information and Regulatory Affairs has 

designated this rule as not a ‘‘major 

rule’’ as defined by 5 U.S.C. 804(2). 

List of Subjects in 12 CFR Part 1022 

Banks, banking, Consumer protection, 

Credit unions, Holding companies, 

National banks, Privacy, Reporting and 

recordkeeping requirements, Savings 

associations. 

Authority and Issuance 

For the reasons set forth in the 

preamble, the CFPB amends Regulation 

V, 12 CFR part 1022, as set forth below: 

PART 1022—FAIR CREDIT 

REPORTING (REGULATION V) 

■ 1. The authority citation for part 1022 

continues to read as follows: 

Authority: 12 U.S.C. 5512, 5581; 15 U.S.C. 

1681a, 1681b, 1681c, 1681c–1, 1681e, 1681g, 

1681i, 1681j, 1681m, 1681s, 1681s–2, 1681s– 

3, and 1681t; Sec. 214, Pub. L. 108–159, 117 

Stat. 1952. 

■ 2. Appendix O is revised to read as 

follows: 

Appendix O to Part 1022—Reasonable 

Charges for Certain Disclosures 

Section 612(f) of the FCRA, 15 U.S.C. 

1681j(f), directs the Bureau to increase the 

maximum allowable charge a consumer 

reporting agency may impose for making a 

disclosure to the consumer pursuant to 

section 609 of the FCRA, 15 U.S.C. 1681g, on 

January 1 of each year, based proportionally 

on changes in the Consumer Price Index, 

with fractional changes rounded to the 

nearest fifty cents. The Bureau will publish 

notice of the maximum allowable charge 

each year by amending this appendix. For 

calendar year 2025, the maximum allowable 

charge is $15.50. For historical purposes: 

For calendar year 2012, the maximum 

allowable disclosure charge was $11.50. 

2. For calendar year 2013, the maximum 

allowable disclosure charge was $11.50. 

3. For calendar year 2014, the maximum 

allowable disclosure charge was $11.50. 

4. For calendar year 2015, the maximum 

allowable disclosure charge was $12.00. 

5. For calendar year 2016, the maximum 

allowable disclosure charge was $12.00. 

6. For calendar year 2017, the maximum 

allowable disclosure charge was $12.00. 

7. For calendar year 2018, the maximum 

allowable disclosure charge was $12.00. 

8. For calendar year 2019, the maximum 

allowable disclosure charge was $12.50. 

9. For calendar year 2020, the maximum 

allowable disclosure charge was $12.50. 

10. For calendar year 2021, the maximum 

allowable disclosure charge was $13.00. 

11. For calendar year 2022, the maximum 

allowable disclosure charge was $13.50. 

12. For calendar year 2023, the maximum 

allowable disclosure charge was $14.50. 

13. For calendar year 2024, the maximum 

allowable disclosure charge was $15.50. 

14. For calendar year 2025, the maximum 

allowable disclosure charge is $15.50. 

Brian Shearer, 

Assistant Director, Office of Policy Planning 

and Strategy, Consumer Financial Protection 

Bureau. 

[FR Doc. 2024–27695 Filed 11–27–24; 8:45 am] 

BILLING CODE 4810–AM–P 

CONSUMER FINANCIAL PROTECTION 

BUREAU 

12 CFR Parts 1070, 1080, 1081, 1082, 

and 1090 

Updates to Supervision and 

Enforcement Procedures 

AGENCY: Consumer Financial Protection 

Bureau. 

ACTION: Final rule. 

SUMMARY: The Consumer Financial 

Protection Bureau (CFPB) is making 

ministerial updates to its procedures to 

reflect a recent organizational change. 

DATES: This rule is effective on 

November 29, 2024. 

FOR FURTHER INFORMATION CONTACT: 

George Karithanom, Regulatory 

Implementation & Guidance Program 

Analyst, Office of Regulations, at 202– 

435–7700 or https://

reginquiries.consumerfinance.gov/. If 

you require this document in an 

alternative electronic format, please 

contact CFPB_Accessibility@cfpb.gov. 

SUPPLEMENTARY INFORMATION: The CFPB 

is making limited amendments to five 

rules to reflect a recent organizational 

change. The Division of Supervision, 

Enforcement, and Fair Lending has been 

replaced by two divisions, the 

Supervision Division and the 

Enforcement Division. The CFPB is 

transferring certain responsibilities 

under 12 CFR part 1070, which relate to 

disclosure of confidential supervisory 

information, from the associate director 

of the former division to the 

Supervision Director as head of the 

Supervision Division. The CFPB is also 

updating nomenclature across all five 

rules to reflect the establishment of the 

new divisions. 


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Federal Register / Vol. 89, No. 230 / Friday, November 29, 2024 / Rules and Regulations 94601 

1 5 U.S.C. 553(b). 

2 44 U.S.C. 3501–3521. 

As a rule of agency organization, 

procedure, or practice, this rule is 

exempt from the notice-and-comment 

rulemaking requirements of the 

Administrative Procedure Act.1

The CFPB has determined that this 

rule does not impose any new or revise 

any existing recordkeeping, reporting, or 

disclosure requirements on covered 

entities or members of the public that 

would be collections of information 

requiring approval by the Office of 

Management and Budget under the 

Paperwork Reduction Act.2

List of Subjects 

12 CFR Part 1070 

Confidential business information, 

Consumer protection, Freedom of 

information, Privacy. 

12 CFR Part 1080 

Administrative practice and 

procedure, Banks, banking, Consumer 

protection, Credit, Credit unions, 

Investments, Law enforcement, National 

banks, Savings associations, Trade 

practices. 

12 CFR Part 1081 

Administrative practice and 

procedure, Banks, banking, Consumer 

protection, Credit unions, Law 

enforcement, National banks, Savings 

associations, Trade practices. 

12 CFR Part 1082 

Banks, banking, Consumer protection, 

Credit unions, Law enforcement, 

National banks, Savings associations, 

State and local governments. 

12 CFR Part 1090 

Consumer protection, Credit. 

Authority and Issuance 

For the reasons set forth above, the 

Consumer Financial Protection Bureau 

amends 12 CFR parts 1070, 1080, 1081, 

1082, and 1090 as follows: 

PART 1070—DISCLOSURE OF 

RECORDS AND INFORMATION 

■ 1. The authority citation for part 1070 

continues to read as follows: 

Authority: 12 U.S.C. 5481 et seq.; 5 U.S.C. 

552; 5 U.S.C. 552a; 18 U.S.C. 1905; 18 U.S.C. 

641; 44 U.S.C. ch. 31; 44 U.S.C. ch. 35; 12 

U.S.C. 3401 et seq. 

■ 2. In § 1070.2, revise paragraph (a) to 

read as follows: 

§ 1070.2 General definitions. 

(a) Supervision Director means the 

Supervision Director or any CFPB 

employee designated by the Director of 

the CFPB or the Supervision Director to 

act under this part. 

* * * * * 

■ 3. In § 1070.42, remove the text 

‘‘Associate Director for Supervision, 

Enforcement and Fair Lending’’ 

wherever it appears and add, in its 

place, the text ‘‘Supervision Director’’. 

PART 1080—RULES RELATING TO 

INVESTIGATIONS 

■ 4. The authority citation for part 1080 

continues to read as follows: 

Authority: Pub. L. 111–203, title X, 12 

U.S.C. 5481 et seq. 

■ 5. In § 1080.2, remove the definition 

of ‘‘Office of Enforcement’’. 

■ 6. In addition to the amendment set 

forth above, in 12 CFR part 1080, 

remove the words ‘‘Assistant Director of 

the Office of Enforcement’’ and add, in 

their place, the words ‘‘Enforcement 

Director’’ in the following places: 

■ a. Section 1080.4; 

■ b. Section 1080.6(a), (c) introductory 

text, (d), (e) introductory text, and (e)(2); 

■ c. Section 1080.10(b); and 

■ d. Section 1080.11(c). 

■ 7. In addition to the amendments set 

forth above, in 12 CFR part 1080, 

remove the words ‘‘Deputy Assistant 

Directors of the Office of Enforcement’’, 

and add, in their place, ‘‘Deputy 

Enforcement Directors’’ in the following 

places: 

■ a. Section 1080.4; 

■ b. Section 1080.6(a), (c) introductory 

text, (d), (e)(2); and 

■ c. Section 1080.11(c). 

PART 1081—RULES OF PRACTICE 

FOR ADJUDICATION PROCEEDINGS 

■ 8. The authority citation for part 1081 

continues to read as follows: 

Authority: 12 U.S.C. 5512(b)(1), 5563(e). 

■ 9. In § 1081.103, remove the definition 

of ‘‘Office of Enforcement’’ and add a 

definition of ‘‘Enforcement Division’’ to 

read as follows: 

§ 1081.103 Definitions. 

* * * * * 

Enforcement Division means the unit 

of the Bureau responsible for 

enforcement of Federal consumer 

financial law or other laws enforceable 

by the Bureau. 

* * * * * 

■ 10. In addition to the amendment set 

forth above, in 12 CFR part 1081, 

remove the text ‘‘Office of Enforcement’’ 

wherever it appears and add, in its 

place, the text ‘‘Enforcement Division’’. 

PART 1082—STATE OFFICIAL 

NOTIFICATION RULES 

■ 11. The authority citation for part 

1082 continues to read as follows: 

Authority: 12 U.S.C. 5481 et seq. 

■ 12. Amend § 1082.1 by: 

■ a. Removing the text ‘‘Office of 

Enforcement’’ wherever it appears and 

adding, in its place, the text 

‘‘Enforcement Division’’. 

■ b. In paragraph (a)(1), removing the 

words ‘‘office of the Bureau’’ and 

adding, in their place, the words ‘‘unit 

of the Bureau’’. 

PART 1090—DEFINING LARGER 

PARTICIPANTS OF CERTAIN 

CONSUMER FINANCIAL PRODUCT 

AND SERVICE MARKETS 

■ 13. The authority citation for part 

1090 continues to read as follows: 

Authority: 12 U.S.C. 5514(a)(1)(B); 12 

U.S.C. 5514(a)(2); 12 U.S.C. 5514(b)(7)(A); 

and 12 U.S.C. 5512(b)(1). 

■ 14. In § 1090.101, remove the 

definition of ‘‘Assistant Director’’ and 

add a definition of ‘‘Supervision 

Director’’ to read as follows: 

§ 1090.101 Definitions. 

* * * * * 

Supervision Director means the 

Supervision Director or any Bureau 

employee designated by the Director of 

the Bureau or the Supervision Director 

to act under this part. The Director of 

the Bureau may perform the functions of 

the Supervision Director under this part. 

* * * * * 

■ 15. In § 1090.103, remove the text 

‘‘Assistant Director’’ wherever it appears 

and add, in its place, the text 

‘‘Supervision Director’’. 

Rohit Chopra, 

Director, Consumer Financial Protection 

Bureau. 

[FR Doc. 2024–27978 Filed 11–27–24; 8:45 am] 

BILLING CODE 4810–AM–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2024–2048; Airspace 

Docket No. 24–AWP–101] 

RIN 2120–AA66 

Modification of Class E Airspace; 

Colusa County Airport, Colusa, CA 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 


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