Richard's Rapid Fire

  • March 17, 2017
    Three Weeks to CBA LIVE: Get Your Boots and Jeans Ready! With record-breaking banker attendance, a sold-out exhibit hall and over 1,300 attendees, CBA LIVE: Where [ it ] Begins is 2017's biggest retail banking event of the year. Be sure to join us in Dallas, April 3-5, at the Gaylord Texan to catch entrepreneur, Heisman Trophy winner and former Dallas Cowboys Quarterback Roger Staubach ,...
  • March 10, 2017
    Will the CFPB Cease Rulemaking in 2017? The year is well underway, and the CFPB has yet to release a new rule (no complaints here). To me, there are four possible rulemakings the Bureau could finalize before Director Cordray leaves office. They are: Arbitration; Small-Dollar; Debt Collection; and Overdraft Should the Bureau issue a rule, the Congressional Review Act would allow Congress to...
  • March 3, 2017
    Remembering Mark Czarnecki’s Leadership We are deeply saddened by the passing of our former Board Member, Mark Czarnecki , President and COO of M&T Bank. Mark was one of the first Board Members I met when I joined CBA in 2009. He provided me with keen insights and a steady hand during turbulent economic times. Mark began serving M&T customers in 1977 as an assistant branch manager before...
  • February 23, 2017
    CBA LIVE: Record Attendance on the Way Blowing past our year over year attendance numbers, we are on pace for record attendance at CBA LIVE 2017: Where [ it ] Begins. With a sold-out exhibit hall, a lively debate between banks and FinTech scheduled, and a speaker lineup featuring U.S. Bank CEO Richard Davis, Salesforce Einstein VP of Marketing Jim Sinai, and entrepreneur and Super Bowl MVP Roger...
  • February 17, 2017
    CFPB’s Future Uncertain, Consumers Left without Answers From placing the CFPB under the congressional appropriations process to abolishing the Bureau altogether, lawmakers have introduced a host of CFPB reform bills. Additionally, the U.S. Court of Appeals agreed to reconsider a previous ruling, which found the CFPB’s governing structure to be unconstitutional as it yielded too much power to its...
  • February 10, 2017
    CBA Walking Capitol Hill CBA is at its strongest when our Board of Directors comes together to chart a path forward. As CBA Board Chairman Ross Carey of U.S. Bank discussed with Morning Consult , we visited with 15 Senate offices (mostly Senate Dems) on Capitol Hill to advocate on behalf of our membership and the customers they serve. In 2017, CBA’s top legislative priorities remain enacting a...
  • February 3, 2017
    Trump Vows to “Do a Big Number” on Dodd-Frank Planting a stake in the ground on regulatory reform, President Trump promised on Monday to “do a big number” to Dodd-Frank. Outlining his core financial principles, the President signaled to the marketplace and consumers that more regulation is not always a good thing and it is time to bring balance back to the industry. Furthering this notion, the...
  • January 27, 2017
    Busy First Week for the Trump Administration The new Administration is off and running. During President Trump’s first week in office, he announced a “regulatory freeze” for all executive departments and agencies. He also signed a host of executive orders on issues ranging from health care to immigration. With former South Carolina Governor Nikki Haley confirmed as U.N. Ambassador and Rep. Mike...
  • January 20, 2017
    Inauguration Day: What you Need to Know At this time last year, who would have thought Donald Trump would be elected to serve as the 45 th President of the United States of America? Well, today is his inauguration, and I wish President Trump all the best. Confirmation hearings for Trump’s appointees are already underway, and it is expected most will be confirmed by the Senate. Additionally,...
  • January 13, 2017
    CFPB Straight Talk Launching a campaign to deny consumers the benefits of financial reform, Sen. Elizabeth Warren is throwing fuel on the fire of an already misdirected debate regarding the future of the CFPB. Voicing strong opposition to Dodd-Frank reform, Sen. Warren is not doing consumers any favors with her rigid position. Americans from across the country understand they need financial laws...

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