{"abstract":"The Board and the Bureau (collectively, Agencies) are finalizing amendments to the official interpretations for the Agencies' regulations that implement the Consumer Leasing Act (CLA). The Dodd- Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amended the CLA by requiring that the dollar threshold for exempt consumer leases be adjusted annually by the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Based on the annual percentage increase in the CPI-W as of June 1, 2025, the exemption threshold will increase from $71,900 to $73,400 effective January 1, 2026. Because the Dodd-Frank Act also requires similar adjustments in the Truth in Lending Act's threshold for exempt consumer credit transactions, the Agencies are making similar amendments to each of their respective regulations implementing the Truth in Lending Act elsewhere in the Rules section of this issue of the Federal Register.","action":"Final rules and official interpretations.","agencies":[{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"Consumer Financial Protection Bureau","name":"Consumer Financial Protection Bureau","id":573,"url":"https://www.federalregister.gov/agencies/consumer-financial-protection-bureau","json_url":"https://www.federalregister.gov/api/v1/agencies/573","parent_id":null,"slug":"consumer-financial-protection-bureau"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2025/12/15/2025-22813.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"213","title":12},{"chapter":null,"citation_url":null,"part":"1013","title":12}],"citation":"90 FR 57878","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This final rule is effective January 1, 2026.","disposition_notes":null,"docket_ids":["Docket No. R-1879"],"dockets":[{"supporting_documents":[],"agency_name":"CFPB","documents":[{"comment_count":0,"comment_start_date":"2025-12-15","updated_at":"2025-12-15T10:55:53.251-05:00","comment_url":"https://www.regulations.gov/commenton/CFPB-2025-0001-0016","allow_late_comments":false,"id":"CFPB-2025-0001-0016","comment_end_date":null,"regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"CFPB-2025-0001","title":"2025 - Notices"}],"document_number":"2025-22813","effective_on":"2026-01-01","end_page":57882,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2025/12/15/2025-22813.xml","html_url":"https://www.federalregister.gov/documents/2025/12/15/2025-22813/consumer-leasing-regulation-m","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2025-22813?publication_date=2025-12-15","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2025-12-15/2025-22813/mods.xml","not_received_for_publication":null,"page_length":5,"page_views":{"count":2159,"last_updated":"2026-06-27 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-15/pdf/2025-22813.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-22813.pdf?1765547123","publication_date":"2025-12-15","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2025/12/15/2025-22813.txt","regulation_id_number_info":{"7100-AH11":null},"regulation_id_numbers":["7100-AH11"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":0,"agency_id":"CFPB","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=CFPB-2025-0001","supporting_documents_count":0,"docket_id":"CFPB-2025-0001","document_id":"CFPB-2025-0001-0016","regulation_id_number":null,"title":"2025 - Notices","checked_regulationsdotgov_at":"2025-12-16T19:55:05Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":57878,"subtype":null,"title":"Consumer Leasing (Regulation M)","toc_doc":"Consumer Leasing (Regulation M)","toc_subject":null,"topics":["Administrative practice and procedure","Advertising","Consumer protection","Reporting and recordkeeping requirements"],"type":"Rule","volume":90}