diff --git a/CHANGELOG.md b/CHANGELOG.md
index e692f3dc..a92a6b36 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,17 @@
+2.7.1 - 2020-08-23
+==================
+
+### Fixes
+- Improve performance of docker hooks by removing slow `ps` call
+    - #1572 PR by @rkm.
+    - #1569 issue by @asottile.
+- Fix un-`healthy()` invalidation followed by install being reported as
+  un-`healthy()`.
+    - #1576 PR by @asottile.
+    - #1575 issue by @jab.
+- Fix rare file race condition on windows with `os.replace()`
+    - #1577 PR by @asottile.
+
 2.7.0 - 2020-08-22
 ==================
 
diff --git a/setup.cfg b/setup.cfg
index c9d7f82e..4153d765 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,6 +1,6 @@
 [metadata]
 name = pre_commit
-version = 2.7.0
+version = 2.7.1
 description = A framework for managing and maintaining multi-language pre-commit hooks.
 long_description = file: README.md
 long_description_content_type = text/markdown