CBA Applauds CFPB Payday Rule Compliance Delay WASHINGTON – The Consumer Bankers Association today commended the Consumer Financial Protection Bureau’s official 15-month delay of the underwriting provision in its 2017 payday rule. CBA has previously advocated for a delay of the entire rule, noting...

CBA Statement on FCC Robocall Vote Appreciates changes to address concerns, Careful implementation necessary to avoid weakening consumer protection efforts WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the Federal Communications...

CBA Comments on H.R. 1500, Green Amendment “Instead of partisan legislation, the CFPB needs a bipartisan, Senate confirmed commission to serve as a proper check on the power and ability of the Bureau’s sole director to act unilaterally.” WASHINGTON – In advance of the House of Representatives’...

CBA Calls for National Data Security, Breach Notification Standards Notes banks’ commitment to consumer privacy, low-rate of bank data breaches “Banks are on the front lines consistently monitoring for fraud and working to make consumers whole, no matter where a breach occurs … As a result,...