Nick Simpson
Vice President, Public Affairs
- (202) 552-6371
- nsimpson@consumerbankers.com
More From Nick Simpson
September 11, 2019Todd Barnhart of PNC (right) today presented Nitin Mhatre of Webster Bank (left) with the CBA Board Chair gavel during CBA’s September Board Meeting. Mhatre will serve as CBA’s Board Chairman for the next year and Barnhart will remain on the CBA Board of Directors as Immediate Past Chair. Dennis Devine with KeyCorp was elected Chair-Elect. Mhatre, Barnhart and Devine will comprise CBA’s Administrative Committee, which is charged with oversight of CBA’s operations. CBA Announces Board Leadership Transitions, Sets Advocacy Agenda for Upcoming Year Nitin Mhatre of Webster Bank elected Chair;...
September 10, 2019CBA Statement on CFPB Updates to No-Action Letter Policy, Trial Disclosure Policy, & Compliance Assistance Sandbox WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the Consumer Financial Protection Bureau’s new No-Action Letter (NAL), Trial Disclosure and Compliance Assistance Sandbox policies designed to facilitate compliance and promote innovation: "The Bureau’s actions will help ensure financial institutions' can continue offering products and services to keep pace with the constantly changing needs of consumers. CBA members...
September 9, 2019CBA Statement on Consumer Need for Responsible Overdraft Protection WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the Overdraft Protection Act of 2019: “Consumers understand and rely on overdraft services to cover emergency expenses instead of turning to unregulated lending sources. Placing limits on consumers’ ability to access these services only hampers their ability to obtain short-term liquidity to buy gas to get to work, food to feed families or pay for emergency medical expenses. “Banks offer a variety of overdraft payment...
