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In New Letter To Congress, Leading Financial & Business Groups Reaffirm Opposition To IRS Reporting Regime
More than 100 associations representing a broad cross-section of financial and business interests today wrote to Senate Majority Leader Chuck Schumer (D-CA), Senate Minority Leader Mitch McConnell (R-KY), Speaker of the House Nancy Pelosi (D-CA), and House Minority Leader Kevin McCarthy (R-CA)...
CBA Urges CFPB To Address Growing Consumer Risk In Under-Regulated Fintech Lending Market
In a new letter sent to the recently-Senate confirmed Director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, Consumer Bankers Association (CBA) President and CEO Richard Hunt urges the Bureau to ensure the highest level of consumer protections are upheld, regardless of where...
CBA, ABA Lead Coalition Opposing New IRS Reporting Regime
More than 40 associations representing a broad cross-section of financial and business interests led by the Consumer Bankers Association (CBA) and American Bankers Association (ABA) today sent a letter to Speaker of the House Nancy Pelosi (D-CA), Minority Leader Kevin McCarthy (R-CA) and Members of...
CBA to SBA: Nation’s Leading Retail Banks Committed to Driving PPP Forgiveness Process
In a new letter sent today to the Administrator of the U.S. Small Business Administration (SBA) Isabella Guzman, the Consumer Bankers Association (CBA) touted the work of the nation’s leading banks in helping America’s small businesses through the Paycheck Protection Program (PPP) forgiveness...
CBA Statement on New CFPB Rule Expanding Data Collection in The Small Business Lending Market
WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt today released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM) for Section 1071 of the Dodd-Frank Act to expand data collection requirements for...
CBA Comment Letter on Proposed Interagency Guidance on Third-Party Relationships Risk Management