Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • January 31, 2018
    “While the Court ruled the CFPB’s governing structure was not unconstitutional, it does not mean the current structure is appropriate for the Bureau’s long-term credibility. … to uphold the Bureau’s mission of consumer protection” Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement in response to the U.S. Court of Appeal’s...
  • January 30, 2018
    “We look forward to continuing to work with regulators, policymakers and the Administration to bring about sound economic policies that promote a vibrant consumer banking industry and strong consumer protections.” WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt released the following statement after President Trump’s first State of the Union Address: “President...
  • January 29, 2018
    WASHINGTON, D.C. – The Consumer Bankers Association today commended the House of Representatives on its passage of H.R. 1457, the Making Online Banking Initiation Legal and Easy (MOBILE) Act. The bipartisan legislation provides opportunities for consumers to open bank accounts without having to visit a physical branch. The legislation, which CBA has long supported , was introduced by...
  • January 25, 2018
    WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the Consumer Financial Protection Bureau (CFPB) announced that it has finalized amendments to its 2016 prepaid rule: “Prepaid cards are an important tool for consumers seeking convenient, low-cost financial products to access their funds. The CFPB’s revisions, many of which were...
  • January 25, 2018
    The Consumer Bankers Association (CBA) today launched a new podcast series titled Suite 550 , after CBA’s offices in downtown Washington, D.C. Each episode will feature a recognized industry expert and offer insight into a unique aspect of retail banking, including emerging trends, regulatory highlights and legislative updates. “Our podcast series brings you the people behind the bank,” said CBA...
  • January 23, 2018
    WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the Senate confirmed Governor Jerome Powell to serve as Federal Reserve Board Chairman, succeeding Janet Yellen: “We congratulate Governor Jay Powell on his confirmation to serve as Federal Reserve Board Chairman. As Chair, he brings a unique blend of private and public sector...
  • January 17, 2018
    WASHINGTON, 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 17, 2018
    WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the Consumer Financial Protection Bureau (CFPB) announced a request for feedback on its operations: “Many actions conducted previously by the CFPB certainly warrant a thorough review. A balanced approach to regulation is essential to a healthy banking sector, and preserving...
  • January 16, 2018
    WASHINGTON, D.C . – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to the CFPB’s decision to reconsider its previously issued small-dollar rule: “The CFPB’s decision to revisit its small-dollar rule is welcomed news for the millions of American consumers experiencing financial hardship and in need of small-dollar credit,”...
  • December 19, 2017
    WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the U.S. House of Representatives passed the Systemic Risk Designation Improvement Act of 2017 (H.R. 3312) introduced by Rep. Blaine Luetkemeyer (R-Mo.): “The House took a significant step towards giving regulators the tools needed to safeguard our economy. Imposing regulations based on...

Pages