Nick Simpson
Vice President, Public Affairs
- (202) 552-6371
- nsimpson@consumerbankers.com
More From Nick Simpson
September 5, 2019CBA Statement on FDIC Quarterly Banking Report WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the Federal Deposit Insurance Corporation’s quarterly banking profile: “The FDIC’s latest report shows ‘another positive quarter’ for the industry with continued deposit growth, strong income and an increase in lending – as well as a decrease in ‘problem banks’ to approximately one percent of FDIC-insured institutions. “The United States’ banking system is well capitalized and well regulated. CBA will continue working with regulators and the...
August 16, 2019CBA Statement on CFPB Education Loan Ombudsman WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Consumer Financial Protection Bureau announced the appointment Robert G. Cameron as its new Private Education Loan Ombudsman: “We are glad Director Kraninger has filled this role and believe it should remain separate from the Office of Students. “Through responsible lending practices and a 98 percent repayment rate, private student loans set students up for success. We believe there is a role for the federal government to help...
August 15, 2019CBA Statement on CRA Meeting with OCC Would be preferable for regulatory agencies to be in agreement, this generational opportunity needs to move forward WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after attending a meeting with CBA members and the Office of the Comptroller of Currency to discuss the Community Reinvestment Act: “Modernizing CRA rules written during the age of rotary phones is a way for banks to invest even more in communities. Comptroller Otting, along with the entire OCC team, should be commended for their...
