Richard's Rapid Fire

  • July 20, 2018
    CBA UPDATE Back to School: CBA Banking School Kicks Off - CBA kicks off our Executive Banking School this weekend at Furman University. We strive to make CBA EBS the go-to place for banks’ rising stars and word is out. The freshman class is nearly 140 strong and we will have close to 100 graduates this year. Traveling to Furman to meet with our banking “students” is an annual highlight as is our...
  • July 13, 2018
    D.C. DOWNLOAD Commission Bill Adds Two – Breaking News: Bipartisanship in Congress is not dead. This week, Reps. Gregory Meeks (D-N.Y.) and Sean Duffy (R-Wis.) became the eighth and ninth cosponsors of a bipartisan bill in the House of Representatives to create a Senate-confirmed, bipartisan commission at the Bureau of Consumer Financial Protection. The bill was introduced while we were at CBA...
  • July 6, 2018
    D.C. DOWNLOAD No Rest for the Weary with Bureau’s Comment Letters – CBA’s legal team was busy this week working with members to put the final touches on the Bureau of Consumer Financial Protection’s latest RFI. We submitted comments on the Bureau’s Guidance & Implementation process this Monday and focused on two main goals: first, ensuring the guidance process is transparent and, second,...
  • June 29, 2018
    D.C. DOWNLOAD Senate Hearing Set for Kraninger’s BCFP Nomination – Late yesterday the Senate Banking Committee announced Kathy Kraninger’s confirmation hearing had been scheduled for Thursday, July 19. This is the first of several steps in the Senate. After the hearing, the Committee will schedule a vote on her nomination before sending it to the full Senate for final confirmation. Senate rules...
  • June 22, 2018
    D.C. DOWNLOAD Court Rules Bureau’s Structure Unconstitutional – The U.S. District Court of the Southern District of New York ruled yesterday the Bureau "unconstitutionally structured." The opinion was in the case of CFPB v. RD Legal Funding, LLC et al. Whether the decision, which disqualified the Bureau as a plaintiff in the case, will be appealed depends on a number of factors. However, it is...
  • June 15, 2018
    CBA's JUNE BOARD OF DIRECTORS MEETING CBA Board Meets With Regulators – Nearly the entire CBA Board of Directors met this week at our World Headquarters in Washington, D.C., and our agenda the past couple days has been nothing short of a whirlwind. We kicked off the visit weaving in-and-out of Washington Capitals fans on the D.C. Metro as we headed to meetings with OCC Comptroller Joseph Otting,...
  • June 8, 2018
    TESTIFYING ON CAPITOL HILL MY TESTIMONY BEFORE THE HOUSE FINANCIAL SERVICES COMMITTEE SUBCOMMITTEE – I WAS ON CAPITOL HILL ON WEDNESDAY TO TESTIFY BEFORE THE HOUSE FINANCIAL INSTITUTIONS SUBCOMMITTEE ON WAYS TO DEPOLITICIZE AND BRING TRANSPARENCY TO THE BUREAU OF CONSUMER FINANCIAL PROTECTION. AS I MENTIONED BEFORE THE COMMITTEE, CBA AND OUR MEMBERS SUPPORT THE MISSION OF THE BUREAU. THERE ARE...
  • June 1, 2018
    My Visit to Huntington Bank – I always enjoy visiting with CBA members and this week I had the pleasure to meet with the folks at Huntington Bank. First and foremost, they are a great group of bankers who work tirelessly on behalf of their customers. We had a lively discussion on the regulatory environment, small-dollar rulemaking, M&A activity and bank innovation. I was glad CBA Board Member...
  • May 25, 2018
    BIG WEEK FOR BANKING IN CONGRESS Congress’ Buzzer Beater – With the Memorial Day shot clock winding down, the House of Representatives passed a good, commonsense and bipartisan regulatory reform bill (S. 2155). The bill will help many U.S. banks invest in their communities, workforce and infrastructure. While the legislation makes some meaningful reforms, there is still more to be done. Going...
  • May 18, 2018
    WASHINGTON HAPPENINGS In a Fortnight – Two Items on CBA’s watch list ahead of Memorial Day include: A House Vote on Senate Banking Bill – The Senate’s regulatory relief bill, which CBA supports, is expected to receive a vote in the House this Tuesday, May 22 . McWilliams Confirmation as FDIC Head – President Trump’s nominee to head the FDIC Jelena McWilliams is expected to receive a confirmation...

Pages