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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 To Congress: Banks Remain Fully Committed To Assisting PPP Borrowers With Forgiveness Process
In a new letter sent to the U.S. House Committee on Small Business, the Consumer Bankers Association reiterated the commitment from America’s leading banks to provide a simplified and streamlined forgiveness process for 2021 Paycheck Protection Program (PPP) borrowers. CBA member banks represented...
CBA Applauds 2021 Joe Belew Award Recipient Wells Fargo
WASHINGTON, D.C. – The Consumer Bankers Association (CBA) today announced Wells Fargo as the 2021 Joe Belew Award winner, recognizing the bank for its efforts to support communities hardest hit by the pandemic with its Drive-Up Food Bank Program . Wells Fargo was one of 14 banks to submit...
CBA Comment Letter on 7(a) Direct Lending Provision