CBA in the News

Press Contact

Jacqueline Ortiz Ramsay
jramsay@consumerbankers.com
202-552-6371
  • November 10, 2016
    Banking industry lobbyists and representatives are practically salivating over the election results, convinced that Republican control of the White House and Congress will finally give them the opportunity to roll back key parts of the Dodd-Frank Act. President-elect Donald Trump's transition team declared war Thursday on the 2010 financial reform law, vowing to "dismantle" it while blaming the...
  • November 9, 2016
    Financial trade associations lined up to congratulate Donald Trump and renew a push for regulatory reform under a government that will be fully under control of Republicans next year. Richard Hunt, president and CEO of the Consumer Bankers Association, congratulated Trump in a release and said his association “will remain focused on working with members of congressional committees and federal...
  • November 9, 2016
    Republican Donald J. Trump pulled out the election yesterday, becoming the nation’s 45 th president, but the fate of the Consumer Financial Protection Bureau, including Director Richard Cordray and the Dodd-Frank Act, remain unknown — for now. President Trump has said he wants to repeal much of Dodd-Frank, but has provided scant details of the regulatory regime he favors, and has not proposed a...
  • November 9, 2016
    President-elect Donald Trump opened his campaign by pledging to be the “greatest jobs president that God ever created.” His first months in office working with a GOP Congress will reveal whether he will fulfill that promise. Trump’s heterodox position on trade and his commitments to deregulate and cut taxes were the economic centerpieces of his campaign for the Oval Office. Republicans in...
  • November 9, 2016
    Consumer protections for users of credit cards and other financial services might be rolled back as a result of Tuesday’s election outcome, while the federal government’s consumer watchdog agency could have its power slashed. “Congress has been looking to cut the authority of the Consumer Financial Protection Bureau,” said Edgar Dworsky, founder of ConsumerWorld.org and a former Massachusetts...
  • November 9, 2016
    Republican presidential nominee Donald Trump's shocking victory late Tuesday left world markets rattled, and financial services companies facing an uncertain future. The surprise vote invoked memories of the recent "Brexit" decision in the United Kingdom, leaving political and financial observers unprepared for an outcome that did not go as anticipated. Once the uncertainty settles down, however...
  • November 9, 2016
    WASHINGTON – Republican presidential nominee Donald Trump's shocking victory late Tuesday left world markets rattled, and financial services companies facing an uncertain future. The surprise vote invoked memories of the recent "Brexit" decision in the United Kingdom, leaving political and financial observers unprepared for an outcome that did not go as anticipated. Once the uncertainty settles...
  • November 9, 2016
    No matter who wins today’s presidential election, the real stakes are in the next wave of appointed leaders and how they choose to govern the country, according to a blogger for a banking association. In his post for The Hill’s Congress blog , Consumer Bankers Association President/CEO Richard Hunt says the race to the White House is only one piece of the puzzle. Hunt, whose association...
  • November 9, 2016
    The future of tough Wall Street reforms put in place after the 2008 financial crisis were in jeopardy on Wednesday after Donald Trump’s stunning presidential victory and the continuing Republican control of Congress. As a candidate Trump promised to roll-back the Dodd-Frank Act, which increased oversight of the financial industry, created a powerful watchdog agency, and required banks to boost...
  • November 8, 2016
    Of course Richard Hunt would identify as a “Ragin’ Cajun.” The Louisiana heritage of the president and CEO of the Consumer Bankers Association (CBA) is evident from the first moment he opens his mouth. A graduate of the University of Louisiana at Lafayette — better known by its unique mascot, the Ragin’ Cajuns — Hunt displays his passion and his bayou accent for all to hear. As effectively the...

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