CBA Writes Senate Commerce on Data Privacy 93 percent of personal records comprised in 2018 were from the non-financial business sector, which is not subject to national data security requirements WASHINGTON, D.C. – The Consumer Bankers Association (CBA) wrote Senate Commerce Committee Chairman...

CBA Statement on DeVos Federal Loan Proposal “The fact the Department of Education is the nation’s fifth largest bank speaks volumes to America’s federal student loan crisis.” *** “Congress and the Department of Education need to work together on real solutions – not temporary patches – to...

CBA Writes Committee on Education Markup Calls for standardized disclosures on student loans, responsible lending caps to prevent debt traps WASHINGTON – The Consumer Bankers Association today wrote the Chair and Ranking Member of the House of Representatives’ Education and Labor Committee to offer...

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...

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...