Richard's Rapid Fire

  • January 19, 2018
    Message 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 12, 2018
    Conner 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, 2018
    What’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...
  • December 22, 2017
    Dear 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 15, 2017
    Gen. Michael Hayden Joins CBA LIVE 2018 Lineup Rogue states. The dark web. Cyber-attacks. What impact could these real-world, virtual vulnerabilities have on your bank and the greater financial services industry? Don’t miss former CIA and NSA director General Michael Hayden in an edge-of-your-seat session at CBA LIVE 2018, March 12-14 in Orlando, FL. Gen. Hayden joins our top-notch lineup of...
  • December 8, 2017
    CBA LIVE Speakers Announced: CEOs of Citizens Bank and Bank of the West CBA LIVE is proud to announce two powerhouse additions to our speaker lineup. Former CBA Board member and current Bank of the West President and CEO Nandita Bakhshi will team up with Citizens Financial Group, Inc. Chairman and CEO Bruce Van Saun to discuss disruption, innovation, moving beyond conventional thinking and their...
  • December 1, 2017
    Commission Would Have Prevented CFPB Leadership Turmoil Former CFPB Director Richard Cordray first assumed his position under a legal cloud and he left the same way. From his resignation to the appointment of two separate acting CFPB directors to legal battles and protests, this week has been a circus for the CFPB. To recap, here is an abbreviated version of what took place: On Black Friday:...
  • November 22, 2017
    Happy Thanksgiving From CBA From the entire CBA Team to you and your family, have a wonderful Thanksgiving. This year, we are thankful for our membership, which works night and day to deliver needed financials services to millions of consumers and small business across the country. A Post Cordray CFPB: Who Will Head the CFPB Next? By the end of November, CFPB Director Richard Cordray is expected...
  • November 17, 2017
    Cordray Era Comes to An End, Mulvaney Expected to Take Over After months of rumors, CFPB Director Richard Cordray on Wednesday announced he will step down as head of the agency. As many of you are aware, I had my share of “conversations” with Director Cordray over the years. We have had our disagreements, especially when it came to the Bureau’s use of its Yelp-like complaint portal and its...
  • November 9, 2017
    Senate to Drop Tax Bill, Expect House Bill on Floor Next Week Tax reform continues to occupy a ton a bandwidth in Washington. The Senate is expected to drop its bill this afternoon and the House version is expected to pass out of the Ways and Means Committee. Following Committee passage, the House bill is expected to proceed to the floor for a vote next week. Should both the House and Senate pass...

Pages