CBA in the News

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • June 11, 2017
    A slew of banking issues are on the agenda in Washington right now, from proposals to roll back some of the regulations implemented after the financial collapse a decade ago to questions over the structure of the Consumer Financial Protection Bureau . Wells Fargo is still in the headlines, feeling more repercussions from its scandal over fake accounts. Banks are also facing pressure from Silicon...
  • June 9, 2017
    By Nick Zulovich Senior Editor WASHINGTON, D.C. - While lawmakers from opposing parties either cheered or jeered the vote tally, industry advocates from the banking, financial services and dealership communities on Thursday all applauded the U.S. House of Representatives for passing H.R. 10, the Financial CHOICE Act. The measure is a comprehensive financial reform bill that includes what one...
  • May 30, 2017
    On May 24, 2017, Rep. Jeb Hensarling (R-TX), the chairman of the House Financial Services Committee, agreed to remove the repeal of the Durbin Amendment from the second discussion draft of the Financial CHOICE Act (“CHOICE 2.0”). The Durbin Amendment, an amendment to the Electronic Fund Transfer Act added by section 1075 of the Dodd-Frank Act, requires the Federal Reserve Board to adopt...
  • May 26, 2017
    The notion of establishing a multimember bipartisan commission to lead the Consumer Financial Protection Bureau (CFPB) has significant support among voters in key battleground states, according to a recent poll commissioned by the Consumer Bankers Association (CBA), the Independent Community Bankers of America (ICBA) and the American Land Title Association (ALTA). Read on to learn about the...
  • May 25, 2017
    Voters are speaking out on the need to reform the Consumer Financial Protection Bureau’s single-director governing structure. According to a recent Morning Consult poll , 58 percent of registered voters in eight states said they support establishing a bipartisan commission to govern the CFPB. With Congress considering reforms to the bureau, just 14 percent said they support keeping the current...
  • May 24, 2017
    WASHINGTON, D.C. — Fifty-eight percent of registered voters in key battleground states say the Consumer Financial Protection Bureau (CFPB) should be run by a bipartisan commission, according to a Morning Consult poll commissioned by the Consumer Bankers Association (CBA), the Independent Community Bankers of America (ICBA), and the American Land Title Association (ALTA). The poll, which was...
  • May 24, 2017
    More than half the registered voters in key battleground states want the Consumer Financial Protection Bureau’s leadership structure reformed, according to a new poll. The poll, conducted by Morning Consult and commissioned by the Consumer Bankers Association, the Independent Community Bankers of America, and the American Land Title Association, found that just 14% of respondents felt the CFPB...
  • May 23, 2017
    A federal court will hear oral arguments Wednesday for a case that could have broad implications for the future of the Consumer Financial Protection Bureau at a time when the watchdog is facing intense scrutiny from Republicans and financial groups that want to defang the agency. One key question that could be addressed by the panel of 11 judges in the U.S. Court of Appeals for the District of...
  • May 23, 2017
    A federal court will hear oral arguments Wednesday for a case that could have broad implications for the future of the Consumer Financial Protection Bureau at a time when the watchdog is facing intense scrutiny from Republicans and financial groups that want to de-fang the agency. One key question that could be addressed by the panel of 11 judges in the D.C. Circuit Court of Appeals is whether...

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