Case: Rise Economy v. Vought

1:25-cv-02374 | U.S. District Court for the District of District of Columbia

Filed Date: July 23, 2025

Case Ongoing

Clearinghouse coding complete

Case Summary

This case challenges the Consumer Financial Protection Bureau’s decision to delay enforcement of a key anti-discrimination lending transparency rule for women- and minority-owned small businesses. On July 23, 2025, Rise Economy, an organization that supports low-income communities and communities of color in accessing credit and financial services; the National Community Reinvestment Coalition (NCRC), a nonprofit advocating for equitable capital investment; Main Street Alliance, a national netw…

This case challenges the Consumer Financial Protection Bureau’s decision to delay enforcement of a key anti-discrimination lending transparency rule for women- and minority-owned small businesses.

On July 23, 2025, Rise Economy, an organization that supports low-income communities and communities of color in accessing credit and financial services; the National Community Reinvestment Coalition (NCRC), a nonprofit advocating for equitable capital investment; Main Street Alliance, a national network of small businesses; and small business owner ReShonda Young filed suit against the Consumer Financial Protection Bureau (CFPB) and Russell Vought, then Acting Director of the CFPB, in the U.S. District Court for the District of Columbia.

The plaintiffs alleged that the CFPB unlawfully delayed implementation of Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, in violation of the Administrative Procedure Act (APA) and the Equal Credit Opportunity Act (ECOA). Section 1071, known as the Lending Transparency Rule, requires financial institutions to collect and disclose data on credit applications from women-owned, minority-owned, and small businesses to combat discrimination and promote fair lending. Congress originally required compliance by 2024 but extended the deadline to 2025.

According to the complaint, the Trump Administration’s April 20, 2025 announcement that it would not meet the statutory deadline constituted an unlawful abandonment of a congressional mandate. The plaintiffs also challenged the CFPB’s June 17, 2025 Interim Final Rule (2025 IFR), which—issued without notice-and-comment—further postponed compliance until July 1, 2026. Plaintiffs sought declaratory and injunctive relief vacating the 2025 IFR and the Bureau’s non-enforcement policy, as well as attorneys’ fees and costs. The case was assigned to Judge Dabney L. Friedrich.

Following service on the defendants in late July, the CFPB appeared through Department of Justice attorney Justin Sandberg on August 8. On September 3, 2025, the plaintiffs moved for partial summary judgment, arguing that the Bureau’s delay violated both the APA’s prohibition on arbitrary agency action and Dodd-Frank’s unambiguous statutory deadline.

Two amicus briefs were later filed in support of the plaintiffs: one by the HEAL Food Alliance, and another by a coalition including the Responsible Business Lending Coalition, Allies for Community Business, CAMEO Network, and Scale Link, all of which emphasized the harms to small and minority-owned businesses from the delay in lending transparency. Judge Friedrich granted both motions for leave to file amicus briefs on September 12, 2025.

That same day, the court approved a joint briefing schedule setting the following deadlines: defendants were to file a motion to dismiss and opposition to plaintiffs’ motion for summary judgment by October 10, 2025; plaintiffs were to file a reply in support of summary judgment and opposition to dismissal by November 7, 2025; and defendants were to file a reply in support of dismissal by November 21, 2025. The minute order also noted that a law clerk had been reassigned due to a potential conflict of interest and that parties could raise any related concerns with the court.

On October 7, 2025, the CFPB and Vought jointly moved to stay all deadlines, and on October 8, 2025, Judge Friedrich granted the motion, vacating the briefing schedule and denying the plaintiffs’ motion for partial summary judgment without prejudice.

As of October 2025, the case remains pending with briefing deadlines stayed.

Summary Authors

Liv Akkerman-Byram (7/31/2025)

People

For PACER's information on parties and their attorneys, see: https://www.courtlistener.com/docket/70892667/parties/rise-economy-v-vought/


Judge(s)

Friedrich, Dabney Langhorne (District of Columbia)

Attorney for Plaintiff

Boisture, Pooja (District of Columbia)

Fried, Rachel L. (District of Columbia)

Attorney for Defendant
Expert/Monitor/Master/Other

Choi, Soohyun (District of Columbia)

Hayes, Stephen (District of Columbia)

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Documents in the Clearinghouse

Document
1

1:25-cv-02374

Complaint for Declaratory and Injunctive Relief

July 23, 2025

July 23, 2025

Complaint
14

1:25-cv-02374

Partial Summary Judgment

Sept. 3, 2025

Sept. 3, 2025

Docket

See docket on RECAP: https://www.courtlistener.com/docket/70892667/rise-economy-v-vought/

Last updated Nov. 6, 2025, 1:53 p.m.

ECF Number Description Date Link Date / Link
1

COMPLAINT against CONSUMER FINANCIAL PROTECTION BUREAU, RUSSELL VOUGHT ( Filing fee $ 405 receipt number ADCDC-11837746) filed by RESHONDA YOUNG, RISE ECONOMY, MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION. (Attachments: # 1 Civil Cover Sheet, # 2 Vought Summons Request, # 3 CFPB Summons Request, # 4 U.S. Attorney General Summons Request, # 5 U.S. Attorney's Office Summons Request)(Fried, Rachel) (Entered: 07/23/2025)

1 Civil Cover Sheet

View on PACER

2 Vought Summons Request

View on PACER

3 CFPB Summons Request

View on PACER

4 U.S. Attorney General Summons Request

View on PACER

5 U.S. Attorney's Office Summons Request

View on PACER

July 23, 2025

July 23, 2025

Clearinghouse
2

NOTICE of Appearance by Rachel L. Fried on behalf of MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG (Fried, Rachel) (Entered: 07/23/2025)

July 23, 2025

July 23, 2025

3

NOTICE of Appearance by Robin F. Thurston on behalf of MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG (Thurston, Robin) (Entered: 07/23/2025)

July 23, 2025

July 23, 2025

4

NOTICE of Appearance by Skye Perryman on behalf of MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG (Perryman, Skye) (Entered: 07/23/2025)

July 23, 2025

July 23, 2025

5

MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Pooja Boisture, Filing fee $ 100, receipt number ADCDC-11837857. Fee Status: Fee Paid. by MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG. (Attachments: # 1 Declaration, # 2 Certificate of Good Standing)(Fried, Rachel) (Entered: 07/23/2025)

July 23, 2025

July 23, 2025

6

SUMMONS (4) Issued Electronically as to All Defendants, U.S. Attorney and U.S. Attorney General (Attachments: # 1 Notice and Consent)(zmbs) (Attachment 1 replaced on 7/28/2025) (znmw). (Entered: 07/24/2025)

July 24, 2025

July 24, 2025

Case Assigned/Reassigned

July 24, 2025

July 24, 2025

Case Assigned to Judge Dabney L. Friedrich. (zmbs)

July 24, 2025

July 24, 2025

7

STANDARD ORDER for Civil Cases. See text for details. Signed by Judge Dabney L. Friedrich on July 26, 2025. (lcdlf2) (Entered: 07/26/2025)

July 26, 2025

July 26, 2025

Clearinghouse
8

NOTICE of Appearance by Pooja Boisture on behalf of MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG (Boisture, Pooja) (Entered: 07/31/2025)

July 31, 2025

July 31, 2025

Order on Motion for Leave to Appear Pro Hac Vice

July 31, 2025

July 31, 2025

MINUTE ORDER granting the 5 Motion for Leave to Appear Pro Hac Vice. Counsel should register for e-filing via PACER and file a notice of appearance pursuant to LCvR 83.6(a). Click for instructions. So Ordered by Judge Dabney L. Friedrich on July 31, 2025. (lcdlf2)

July 31, 2025

July 31, 2025

10

RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed on United States Attorney General. Date of Service Upon United States Attorney General 07/28/2025. (Boisture, Pooja) (Entered: 08/05/2025)

Aug. 5, 2025

Aug. 5, 2025

11

RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed. CONSUMER FINANCIAL PROTECTION BUREAU served on 7/28/2025 (Boisture, Pooja) (Entered: 08/05/2025)

Aug. 5, 2025

Aug. 5, 2025

12

RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed. RUSSELL VOUGHT served on 7/28/2025 (Boisture, Pooja) (Entered: 08/05/2025)

Aug. 5, 2025

Aug. 5, 2025

9

RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed as to the United States Attorney. Date of Service Upon United States Attorney on 7/28/2025. Answer due for ALL FEDERAL DEFENDANTS by 9/26/2025. (Boisture, Pooja) (Entered: 08/05/2025)

Aug. 5, 2025

Aug. 5, 2025

13

NOTICE of Appearance by Justin Michael Sandberg on behalf of CONSUMER FINANCIAL PROTECTION BUREAU, RUSSELL VOUGHT (Sandberg, Justin) (Entered: 08/08/2025)

Aug. 8, 2025

Aug. 8, 2025

14

MOTION for Partial Summary Judgment by MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG. (Attachments: # 1 Memorandum in Support, # 2 Declaration of Pooja A. Boisture, # 3 Declaration of Paulina Gonzalez-Brito, # 4 Declaration of Shawn Phettephace, # 5 Declaration of Jesse Van Tol, # 6 Declaration of ReShonda Young, # 7 Text of Proposed Order)(Boisture, Pooja) (Entered: 09/03/2025)

Sept. 3, 2025

Sept. 3, 2025

Clearinghouse
15

MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Stephen Hayes, Filing fee $ 100, receipt number ADCDC-11937699. Fee Status: Fee Paid. by The Responsible Business Lending Coalition, et al.. (Choi, Soohyun) (Entered: 09/05/2025)

Sept. 5, 2025

Sept. 5, 2025

16

MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Timothy Lambert, Filing fee $ 100, receipt number ADCDC-11937894. Fee Status: Fee Paid. by The Responsible Business Lending Coalition, et al.. (Choi, Soohyun) (Entered: 09/05/2025)

Sept. 5, 2025

Sept. 5, 2025

Order on Motion for Leave to Appear Pro Hac Vice

Sept. 5, 2025

Sept. 5, 2025

MINUTE ORDER granting the 15 Motion for Leave to Appear Pro Hac Vice. Counsel should register for e-filing via PACER and file a notice of appearance pursuant to LCvR 83.6(a). Click for instructions. (lcdlf2)

Sept. 5, 2025

Sept. 5, 2025

MINUTE ORDER granting the 16 Motion for Leave to Appear Pro Hac Vice. Counsel should register for e-filing via PACER and file a notice of appearance pursuant to LCvR 83.6(a). Click for instructions. (lcdlf2)

Sept. 5, 2025

Sept. 5, 2025

17

NOTICE of Appearance by Stephen Hayes on behalf of The Responsible Business Lending Coalition, et al. (Hayes, Stephen) (Entered: 09/08/2025)

Sept. 8, 2025

Sept. 8, 2025

18

NOTICE of Appearance by Timothy Lambert on behalf of The Responsible Business Lending Coalition, et al. (Lambert, Timothy) (Entered: 09/08/2025)

Sept. 8, 2025

Sept. 8, 2025

19

NOTICE of Appearance by Soohyun Choi on behalf of RESPONSIBILE BUSINESS LENDING COALITION (Choi, Soohyun) (Entered: 09/09/2025)

Sept. 9, 2025

Sept. 9, 2025

20

NOTICE of Appearance by Nathan Leys on behalf of HEAL Food Alliance (Leys, Nathan) (Entered: 09/10/2025)

Sept. 10, 2025

Sept. 10, 2025

21

MOTION for Leave to File Amicus Brief by HEAL Food Alliance. (Attachments: # 1 Text of Proposed Order, # 2 Proposed Amicus Brief)(Leys, Nathan) (Entered: 09/10/2025)

Sept. 10, 2025

Sept. 10, 2025

22

MOTION for Leave to File Amicus Brief by RESPONSIBLE BUSINESS LENDING COALITION, CAMEO NETWORK, ALLIES FOR COMMUNITY BUSINESS, SCALE LINK. (Attachments: # 1 Text of Proposed Order, # 2 Proposed Amicus Brief)(Hayes, Stephen) Modified to add filers on 9/11/2025 (znmw). (Entered: 09/10/2025)

Sept. 10, 2025

Sept. 10, 2025

23

Joint MOTION for Briefing Schedule by CONSUMER FINANCIAL PROTECTION BUREAU, RUSSELL VOUGHT. (Attachments: # 1 Text of Proposed Order)(Sandberg, Justin) (Entered: 09/11/2025)

Sept. 11, 2025

Sept. 11, 2025

24

ERRATA Correcting Motion by HEAL FOOD ALLIANCE re 21 Motion for Leave to File Amicus Brief. (Attachments: # 1 Errata Clean (non-redlined) Amended Motion for Leave to File an Amicus Curiae Brief, # 2 Errata Redlined Amended Motion for Leave to File an Amicus Curiae Brief)(Leys, Nathan) (Entered: 09/11/2025)

Sept. 11, 2025

Sept. 11, 2025

25

AMICUS BRIEF by HEAL FOOD ALLIANCE. (znmw) (Entered: 09/16/2025)

Sept. 12, 2025

Sept. 12, 2025

26

AMICUS BRIEF by ALLIES FOR COMMUNITY BUSINESS, CAMEO NETWORK, RESPONSIBILE BUSINESS LENDING COALITION, SCALE LINK. (znmw) (Entered: 09/16/2025)

Sept. 12, 2025

Sept. 12, 2025

MINUTE ORDER granting the 21 Motion for Leave to File Amicus Curiae Brief. The Clerk of Court is directed to file the [21-2] Amicus Brief on the docket. So Ordered by Judge Dabney L. Friedrich on September 10, 2025. (lcdlf3)

Sept. 12, 2025

Sept. 12, 2025

Order on Motion for Briefing Schedule AND Set/Reset Deadlines

Sept. 12, 2025

Sept. 12, 2025

Order on Motion for Leave to File Amicus Brief

Sept. 12, 2025

Sept. 12, 2025

MINUTE ORDER granting the 22 Motion for Leave to File Amicus Curiae Brief. The Clerk of Court is directed to file the [22-2] Amicus Brief on the docket. So Ordered by Judge Dabney L. Friedrich on September 11, 2025. (lcdlf3)

Sept. 12, 2025

Sept. 12, 2025

MINUTE ORDER granting the parties' 23 Joint Motion for Entry of Briefing Schedule. The following schedule shall govern further proceedings: the defendants shall file a motion to dismiss and opposition to the plaintiffs' motion for summary judgment on or before October 10, 2025; the plaintiffs shall file a reply in support of their motion for summary judgment and an opposition to the defendants' motion to dismiss on or before November 7, 2025; and the defendants shall file a reply in support of their motion to dismiss on or before November 21, 2025. In addition, the law clerk initially assigned to this case recently discovered that an individual he knows is representing the defendants. Accordingly, the Court has reassigned this case to another law clerk. The Court has also taken steps to wall off the original law clerk from any Chambers discussions about this case. If either party has any concerns about this issue or would like to discuss it with the Court, they shall file an appropriate motion or contact the Courtroom Deputy to schedule a telephonic conference with the Judge. So Ordered by Judge Dabney L. Friedrich on September 12, 2025. (lcdlf3)

Sept. 12, 2025

Sept. 12, 2025

27

Joint MOTION to Stay Deadlines by CONSUMER FINANCIAL PROTECTION BUREAU, RUSSELL T. VOUGHT. (Attachments: # 1 Text of Proposed Order)(Sandberg, Justin) (Entered: 10/07/2025)

1 Text of Proposed Order

View on PACER

Oct. 7, 2025

Oct. 7, 2025

RECAP

Order on Motion for Partial Summary Judgment AND Order on Motion to Stay AND Terminate Deadlines

Oct. 8, 2025

Oct. 8, 2025

MINUTE ORDER. Upon consideration of the parties' 27 Joint Motion for Stay of Deadlines, the Court will GRANT the motion. Accordingly, it is ORDERED that the briefing schedule ordered by the Court in its September 12, 2025 Minute Order is VACATED. In addition, the plaintiffs' 14 Motion for Partial Summary Judgment is DENIED WITHOUT PREJUDICE. So Ordered by Judge Dabney L. Friedrich on October 8, 2025. (lcdlf3)

Oct. 8, 2025

Oct. 8, 2025

28

MOTION for Leave to File Supplemental Complaint by MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG. (Attachments: # 1 Proposed Supplemental Complaint)(Boisture, Pooja) (Entered: 10/27/2025)

Oct. 27, 2025

Oct. 27, 2025

29

RESPONSE re 28 MOTION for Leave to File Supplemental Complaint filed by CONSUMER FINANCIAL PROTECTION BUREAU, RUSSELL T. VOUGHT. (Sandberg, Justin) (Entered: 10/29/2025)

Oct. 29, 2025

Oct. 29, 2025

30

AMENDED COMPLAINT against CONSUMER FINANCIAL PROTECTION BUREAU, RUSSELL T. VOUGHT filed by MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG.(Boisture, Pooja) (Entered: 10/29/2025)

Oct. 29, 2025

Oct. 29, 2025

31

Amended MOTION for Summary Judgment by MAIN STREET ALLIANCE, NATIONAL COMMUNITY REINVESTMENT COALITION, RISE ECONOMY, RESHONDA YOUNG. (Attachments: # 1 Memorandum in Support, # 2 Declaration of Pooja Boisture, # 3 Declaration of Paulina Gonzalez-Brito, # 4 Declaration of Shawn Phetteplace, # 5 Declaration of Jesse Van Tol, # 6 Declaration of Reshonda Young, # 7 Text of Proposed Order)(Boisture, Pooja) (Entered: 10/29/2025)

Oct. 29, 2025

Oct. 29, 2025

Order on Motion for Leave to File

Oct. 29, 2025

Oct. 29, 2025

MINUTE ORDER. Upon consideration of the plaintiffs' 28 Motion to Supplement Complaint Under Rule 15(D) and the defendants' 29 Response thereto stating no objection, the motion is GRANTED. The plaintiffs shall file their [28-1] supplemental complaint on the public docket. So Ordered by Judge Dabney L. Friedrich on October 29, 2025. (lcdlf3)

Oct. 29, 2025

Oct. 29, 2025

33

Leave to File Amicus Brief

Oct. 31, 2025

Oct. 31, 2025

Order on Motion for Leave to File Amicus Brief

Oct. 31, 2025

Oct. 31, 2025

34

Amicus Brief

Nov. 3, 2025

Nov. 3, 2025

35

Briefing Schedule

Nov. 3, 2025

Nov. 3, 2025

Order on Motion for Leave to File Amicus Brief

Nov. 3, 2025

Nov. 3, 2025

36

Amicus Brief

Nov. 4, 2025

Nov. 4, 2025

Order on Motion for Briefing Schedule AND Set/Reset Deadlines

Nov. 4, 2025

Nov. 4, 2025

Case Details

State / Territory:

District of Columbia

Case Type(s):

Fair Housing/Lending/Insurance

Special Collection(s):

Trump Administration 2.0: Challenges to the Government

Key Dates

Filing Date: July 23, 2025

Case Ongoing: Yes

Plaintiffs

Plaintiff Description:

Rise Economy, which provides aid to low income communities and communities of color in accessing credit, financial services, and investments, the National Community Reinvestment Coalition (NCRC) whose mission is to help increase the flow of capital into underserved communities, Main Street Alliance, a national network of small businesses, and a small business owner

Attorney Organizations:

Democracy Forward

Public Interest Lawyer: Yes

Filed Pro Se: No

Class Action Sought: No

Class Action Outcome: Not sought

Defendants

Consumer Financial Protection Bureau (- United States (national) -), Federal

Defendant Type(s):

Jurisdiction-wide

Facility Type(s):

Government-run

Case Details

Causes of Action:

Administrative Procedure Act, 5 U.S.C. §§ 551 et seq.

Equal Credit Opportunity Act (ECOA), 15 U.S.C. § 1691

Ex Parte Young (Federal) or Bivens

Other Dockets:

District of District of Columbia 1:25-cv-02374

Available Documents:

Complaint (any)

Trial Court Docket

Outcome

Prevailing Party: None Yet / None

Relief Granted:

None yet

Source of Relief:

None yet

Issues

General/Misc.:

Records Disclosure