Nick Simpson
Senior Vice President, Public Affairs
- (202) 552-6371
- nsimpson@consumerbankers.com
- @nicklaus
- Nick SImpson
More From Nick Simpson
September 21, 2020CBA Statement on Federal Reserve CRA Vote WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Federal Reserve Board of Governors released an advance notice of proposed rulemaking for its modernization of the Community Reinvestment Act: “Banks currently invest nearly $500 billion each year into low- and moderate-income neighborhoods through CRA and other projects. While we are still reviewing the details, it is encouraging the Federal Reserve has taken a step toward modernizing the decades-old CRA regime to account for the changing...
September 17, 2020Business, Lender Coalition Pushes for Streamlined PPP Forgiveness WASHINGTON – A coalition of more than 100 trade associations representing millions of small businesses and financial institutions of all sizes today sent a letter to Congressional Leadership calling for passage of bipartisan legislation to streamline the Paycheck Protection Program forgiveness process for the smallest loans. “We ask that Congress immediately pass these much-needed bipartisan pieces of legislation, supported by a third of the Senate and 77 members of the House of Representatives, that would streamline the...
September 16, 2020CBA Announces Board Chair, Chair-Elect Christine Channels of Bank of America elected Chair Michelle Lee of Wells Fargo elected Chair-Elect WASHINGTON – The Consumer Bankers Association (CBA) has elected Christine Channels, Head of Community Banking and Client Protection at Bank of America, as Chair of the Board of Directors and Michelle Lee, Executive Vice President, Head of Eastern Region, Consumer Banking at Wells Fargo, as Chair-Elect. Terms for CBA’s Board of Directors coincide with the October to September fiscal year. CBA Board Chairwoman Christine Channels said, “Established more than...
