Richard's Rapid Fire

  • March 2, 2018
    CBA LIVE 2018: 10 Days Away from Retail Banking’s Premier Event – There is record attendance and 90 hours of info-packed programming at CBA LIVE 2018: Beyond the Bank. If you have not registered, there is still time to join fellow senior industry leaders at retail banking’s premier event. Each year, CBA LIVE continues to grow and I am excited by the outpouring of interest from bankers, regulators...
  • February 23, 2018
    CBA LIVE: RECORD ATTENDANCE ONCE AGAIN – With more than 650 bankers registered and overall attendance closing in on 1,400 plus, CBA LIVE 2018: Beyond the Bank is at record attendance. This year, with Brad Conner of Citizens Bank as CBA’s Chairman, we continue to build upon prior successes to bring together senior leaders throughout the retail banking community. With a star-studded lineup of...
  • February 16, 2018
    Hot Out of the CFPB CFPB Embraces New Strategic Plan – Laying out the CFPB’s vision through fiscal year 2022, the Bureau, under Acting CFPB Director Mick Mulvaney, issued its new strategic plan. Here are the Bureau’s three long-term goals: Ensure that all consumers have access to markets for consumer financial products and services; Implement and enforce the law consistently to ensure that...
  • February 9, 2018
    NOW ACCEPTING PUBLIC COMMENT The CFPB Wants to Hear from You – Next up in a series of requests for information (RFIs) from the CFPB: enforcement actions. The Bureau seeks feedback on the agency’s enforcement of Federal consumer financial law. We expect an RFI on its supervisory processes next week. Keep in Mind – The CFPB has two outstanding RFIs on Administrative Adjudications (due April 6) and...
  • February 2, 2018
    Hot Out of the CFPB Court Overrules CFPB Overreach – Picture this: You receive a traffic ticket and all of a sudden, a clerk in the courthouse decides to increase your fine by 1,500 percent. Well, that is what the CFPB did when it amplified a penalty levied against mortgage lender PHH Corp. by nearly $100 million. Thankfully, the U.S. Court of Appeals decided to repeal the amplified penalty on...
  • January 26, 2018
    THE NEW CFPB Must Read Article of The Year – Prince Harry, who? Acting CFPB Director Mick Mulvaney’s recent op-ed in the Wall Street Journal puts all this hubbub surrounding the royal wedding to shame. This is easily the must-read article of 2018, no question about it. While I would encourage you to read the full article , here are a few quick takeaways which show a complete shift in attitude at...
  • 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...

Pages