CBA Comments on CFPB Overdraft Review WASHINGTON – The Consumer Bankers Association this week submitted comments to the Consumer Financial Protection Bureau’s review of the Federal Reserve’s 2009 overdraft provisions of Regulation E, which implements the Electronic Fund Transfer Act. “While we...

CBA Supports Bipartisan Bill to Improve Federal Student Loan Disclosures 90 percent of voters believe borrowers should receive disclosures detailing specific costs and terms before taking out an education loan WASHINGTON – The Consumer Bankers Association today wrote Sens. Tim Scott (R-S.C.) and...

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...