- CBA on
- CBA Media
CBA General Issues
Items about the Consumer Bankers Association and its initiatives, including CBA Advanced Education, CBA LIVE, CBA Team news and more.
- January 19, 2018Message From CBA Board Chairman Brad Conner & Me — CBA's Board Chairman Brad Conner of Citizens Bank and I stepped into the studio to record a short video thanking our membership and sharing our goals for 2018 (CFPB Commission, balanced regulation, next generation banking and right-sizing government's role in student lending), recent successes and CBA happenings. Be sure to watch the short...
- January 17, 2018On Wednesday, January 17, 2018, the CFPB announced it is issuing a “call for evidence” to ensure the Bureau is properly fulfilling duties to best protect consumers. The Bureau announced that in the coming weeks they will publish a series of Requests for Information (RFIs) to seek comment on enforcement, supervision, rulemaking, market monitoring, and education activities. The Bureau’s first RFI...January 17, 2018WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the Senate Banking Committee approved Governor Jerome Powell to serve as Federal Reserve Board Chairman, succeeding Janet Yellen, and Randal Quarles as a Member of the Federal Reserve’s Board of Governors: “We congratulate Governor Jay Powell on being approved as Federal Reserve...January 12, 2018Conner Meets with Comptroller Otting, Other Policymakers: Brad Conner of Citizens Bank, CBA’s Board Chairman, and the CBA Team met with newly installed Comptroller Joseph Otting over at the OCC. Coming out of the meeting, one thing is absolutely certain: He is committed to reforming the Community Reinvestment Act (more on this next). I could not agree more. Brad and the CBA Team also met with...January 5, 2018What’s in Store for CBA & Banking in 2018? As we kick start the New Year, below is a brief “cheat sheet,” highlighting CBA’s top regulatory and legislative priorities for 2018, top-of-mind banking issues and developments. CBA’s Key 2018 Priorities Enact a bipartisan commission at the CFPB; Promote clear and reasonable regulatory rules and guidance; Promote the next generation of banking...January 4, 2018Dear Representatives Pearce and Luetkemeyer, We are pleased to write in support of the draft Counter Terrorism and Illicit Finance Act, cosponsored by Chairmen Pearce and Luetkemeyer. We believe the bill will modernize our nation’s anti-money laundering and countering the financing of terrorism (AML/CFT) regime and help prevent the use of shell companies to launder money by cloaking the...December 22, 2017Dear Santa: Here is My Wish List for 2018 As we reflect on 2017 and look ahead to 2018, I wanted to share with you some of the things I asked Santa to put under my tree: A prosperous banking industry; A Senate-confirmed, bipartisan commission at the CFPB; Quality regulatory appointments and Senate confirmations of nominees with banking experience atop all regulatory agencies; Greater balance in...December 21, 2017WASHINGTON—The Trump administration’s move to put its budget chief in charge of the Consumer Financial Protection Bureau exposed a divide between a White House faction and the Treasury Department over just what the role of the consumer watchdog should be. The installation of Mick Mulvaney, head of the Office of Management and Budget, as the CFPB’s interim director was a win for conservatives who...December 19, 2017The Honorable Paul Ryan The Honorable Nancy Pelosi Speaker Minority Leader House of Representatives House of Representatives 232 U.S. Capitol 204 U.S. Capitol Washington, D.C. 20004 Washington, D.C. 20004 Dear Speaker Ryan and Minority Leader Pelosi: On behalf of the Consumer Bankers Association (CBA), I write in strong support of H.R. 3312, the Systemic Risk Designation Improvement Act. CBA is...December 19, 2017The Honorable Jerry Moran The Honorable Joe Manchin U.S. Senate U.S. Senate 521 Dirksen Senate Office Building 306 Hart Senate Office Building Washington, D.C. 20002 Washington, D.C. 20002 Dear Senators Moran and Manchin: On behalf of the Consumer Bankers Association (CBA) I would like to express our support of S. 2237, the Financial Institution’s Examination Fairness and Reform Act. CBA is the...