CBA in the News

Press Contact

Jacqueline Ortiz Ramsay
jramsay@consumerbankers.com
202-552-6371
  • November 7, 2016
    Online banking continues to grow, but that’s not to say there aren’t obstacles keeping it from exploding. The banking industry is ramping up the noise about changing rules that make it difficult to open accounts remotely, and Congress has the topic on its agenda. In fact, the Consumers Bankers Association recently sent a letter to Congress, applauding them for its efforts to tackle the issue with...
  • November 7, 2016
    The race to the White House is one piece of the puzzle, but the real stakes exist in the next wave of appointed leaders and how they choose to govern. Unless the next Commander in Chief makes thoughtful appointments to lead our most critical federal agencies, and Congress gets on the same page, our nation will not be freed from this new normal of extreme partisan politics and policies. Where the...
  • November 7, 2016
    Hillary Clinton has a long list of legislative priorities related to the economy. But one top banking lobbyist isn’t convinced that major financial regulations to expand on the 2010 Dodd-Frank Act are high on that list. Richard Hunt, chief executive of the Washington-based Consumer Bankers Association, told Morning Consult that he thinks Clinton’s strategy will be “perfecting” Dodd-Frank rather...
  • November 2, 2016
    Lobbying runs deep in Washington. Every day, thousands of law firms, associations and advocacy groups seek to exert influence over policymaking away from the glare of presidential and congressional politics. In such a crowded field, a select few have shown an ability to get things done — and it’s those movers and shakers who are among The Hill’s Top Lobbyists. From the “hired guns” who populate K...
  • October 30, 2016
    Bankers will be the first ones to tell you their profession can be a bit dry. But six years ago, the Consumer Bankers Association (CBA) decided to completely revamp the organization’s annual events and find a way to make banking more dynamic. CBA’s Richard Hunt addressing the auidence in the General Session room. The effort started with the consolidation of CBA’s eight annual conferences into one...
  • October 27, 2016
    Hillary Clinton's lead in presidential-election polls has Wall Street increasingly focused on the battle for control of Congress -- and bracing for a less friendly environment if Democrats retake the Senate and give new clout to the party's left wing. "It's not Hillary Clinton we are worried about. It's the influence that the liberals have on her," said Richard Hunt, president and chief executive...
  • October 27, 2016
    Hillary Clinton's lead in presidential-election polls has Wall Street increasingly focused on the battle for control of Congress -- and bracing for a less friendly environment if Democrats retake the Senate and give new clout to the party's left wing. "It's not Hillary Clinton we are worried about. It's the influence that the liberals have on her," said Richard Hunt, president and chief executive...
  • October 27, 2016
    Hillary Clinton's lead in presidential-election polls has Wall Street increasingly focused on the battle for control of Congress -- and bracing for a less friendly environment if Democrats retake the Senate and give new clout to the party's left wing. "It's not Hillary Clinton we are worried about. It's the influence that the liberals have on her," said Richard Hunt, president and chief executive...
  • October 27, 2016
    A banking trade group told regulators that its members have changed or are changing contracts for private student-loan customers to ensure that loans in good standing aren’t placed in default because a co-signer has died or filed for bankruptcy. The changes address the regulators’ criticism of the banks’ practice, called “auto-defaults.” The system causes surprise defaults for borrowers when the...
  • October 27, 2016
    Private lenders are revising student loan contracts to ensure people are not placed in default when the co-signer of their loan dies or declares bankruptcy, putting an end to a practice brought to light by the Consumer Financial Protection Bureau. In a letter obtained by The Washington Post, Consumer Bankers Association President Richard Hunt informed CFPB director Richard Cordray that the 10...

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