In a new letter sent to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, the Consumer Bankers Association (CBA) called on the Bureau to extend its supervisory authority in specific markets where under-regulated fintechs hold a significant share. Last month, the CFPB announced it...

Consumer Bankers Association (CBA) President & CEO Richard Hunt today released the following statement after the Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) released a joint notice of proposed rulemaking to reform the...

The Consumer Bankers Association (CBA) Board of Directors today announced Lindsey Johnson, President of U.S. Mortgage Insurers since 2015, will become CBA’s next President and CEO on July 5, 2022. “We are thrilled to announce Lindsey Johnson as CBA’s next President and CEO. From leading an industry...

Tomorrow, Consumer Bankers Association (CBA) General Counsel and Senior Vice President, David Pommerehn, will testify before the Senate Banking Subcommittee on Financial Institutions and Consumer Protection for a hearing entitled, “ Examining Overdraft Fees and Their Effects on Working Families .”...

Consumer Bankers Association President and CEO Richard Hunt today released the following statement after the Consumer Financial Protection Bureau (CFPB) announced it will begin utilizing a previously dormant authority allowing the Bureau to conduct supervisory examinations of non-bank entities...