Richard's Rapid Fire

  • September 7, 2018
    D.C. DOWNLOAD *CBA's thoughts and prayers are with our friends at Fifth Third Bank HQ, the Cincinnati community and all member banks impacted by this tragedy.* CBA Leadership Summit: I have a lot of “favorite times” of the year – CBA LIVE, Executive Banking School, in-person committee meetings… The list goes on. One of them is happening next week here at CBA HQ as the entire team gears up to host...
  • August 31, 2018
    D.C. DOWNLOAD OCC’s CRA ANPR Proposal : Comptroller of the Currency Joseph Otting is a CEO at heart and he showed it this week when the OCC issued its ANPR on the Community Reinvestment Act. The OCC issued the ANPR unilaterally, but we expect the FDIC and possibly the Fed to join in on the reform efforts before all is said and done. CBA’s Community Reinvestment Committee of almost 50 member banks...
  • August 24, 2018
    D.C. DOWNLOAD Kraninger Committee Vote : The Senate Banking Committee yesterday morning advanced Kathleen Kraninger’s nomination to run the Bureau of Consumer Financial Protection by a party line vote. The full Senate consideration of President Trump’s pick is expected sometime this fall, and will also likely break down along party lines. Following the vote, CBA released a statement encouraging “...
  • August 17, 2018
    * This week's guest author is Nick Simpson, CBA's Vice President of Public Affairs D.C. DOWNLOAD & REGULATORY UPDATE Congressional Scheduling Update: August Recess is a time-honored tradition in D.C. as well as a great incentive for Congress to act on must-pass legislation – after all, in Washington the smell of jet fumes is a powerful tool for compromise. The House of Representatives is...
  • August 10, 2018
    D.C. DOWNLOAD Couldn’t Make the Membership Call? Here’s What You Missed - CBA held a membership call yesterday to offer an update on all things D.C. – ranging from BCFP rulemaking and OCC priorities to the latest updates on CRA, the midterm elections and CBA news. If you missed the call, here is a quick recap: Bureau of Consumer Financial Protection The Senate Banking Committee had scheduled a...
  • August 10, 2018
    EBS WRAP UP Banking School in the Books: Executive Banking School is in the books. EBS is one of my annual highlights and this session – the 67 th – delivered once again as we had 89 graduates and nine honors grads. The dedication each of these bankers has shown to their EBS courses is a testament to their work ethic and the importance the leadership at their banks puts on continuing education...
  • July 27, 2018
    CBA EBS UPDATE Great Start at CBA Banking School! - Like I said last week, CBA Executive Banking School is a highlight of my year. The energy the students (more than 300 in total with a bumper crop of 137 freshman) and faculty bring is inspiring. I always leave more optimistic than ever about the future of retail banking. EBS, which kicked off on Sunday at Furman University in Greenville, S.C.,...
  • 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,...

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