Richard Hunt is President and CEO of the Consumer Bankers Association (CBA) representing the retail banking industry, including the nation’s largest bank holding companies as well as regional and super community banks.
CBA Commends House, Encourages Senate Action on Beneficial Ownership Bill
CBA Commends House, Encourages Senate Action on Beneficial Ownership Bill WASHINGTON, D.C. – Following the U.S. House of Representatives’ passage of the Corporate Transparency Act (H.R. 2513), Consumer Bankers Association President and CEO Richard Hunt issued the following statement thanking the...
Richard's Rapid Fire - October 18, 2019
FDIC Chairman Jelena McWilliams said this week during a Q&A session I moderated at Exchequer Club in Washington, D.C., she hopes all three prudential regulators will work together on Community Reinvestment Act (CRA) reform, but said there is no guarantee it will happen. The Chairman hopes to...
CBA on Supreme Court Hearing CFPB Constitutionality Case
CBA on Supreme Court Hearing CFPB Constitutionality Case “Regardless of the outcome, a sole-director calling all the shots will never provide the long-term stability consumers deserve and the well-regulated financial sector needs. For that, Congress must create a bipartisan, Senate-confirmed...
Trust Amazon, Google with Their Savings? Consumers are Split
If Amazon, Google, Facebook and Apple were banks, would consumers trust them their money? Two separate studies released this month attempted to answer that question, and what they found was that most consumers would still prefer to stash their savings in traditional banks. Careful savers — those...
CBA Letter on CFPB Semi-Annual Hearings
CBA Recommends Legislative, Regulatory Changes to Improve CFPB, Consumer Protections WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt wrote the chairs and ranking members of the House Financial Services and Senate Banking committees related to hearings on the Consumer...
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