CBA Comments on H.R. 1500, Green Amendment “Instead of partisan legislation, the CFPB needs a bipartisan, Senate confirmed commission to serve as a proper check on the power and ability of the Bureau’s sole director to act unilaterally.” WASHINGTON – In advance of the House of Representatives’...

CBA Calls for National Data Security, Breach Notification Standards Notes banks’ commitment to consumer privacy, low-rate of bank data breaches “Banks are on the front lines consistently monitoring for fraud and working to make consumers whole, no matter where a breach occurs … As a result,...

CBA Calls on FinCEN to Collect Beneficial Ownership Information WASHINGTON – The Consumer Bankers Association today wrote Senate Banking Committee Chair Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) requesting the committee pass legislation requiring the Financial Crimes...

CBA, Financial Trades Write HFSC on Anti-Money Laundering Legislation WASHINGTON – The Consumer Bankers Association, along with eight other financial services trades, today wrote House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) and Ranking Member Patrick McHenry (R-N.C.) in...