Nick Simpson
Senior Vice President, Public Affairs
- (202) 552-6371
- nsimpson@consumerbankers.com
- @nicklaus
- Nick SImpson
More From Nick Simpson
July 24, 2020WASHINGTON – The Consumer Bankers Association, Bank Policy Institute, International Franchise Association, National Association of Federally-Insured Credit Unions and U.S. Chamber of Commerce applauded bipartisan legislation introduced by Reps. Chrissy Houlahan (D-Penn.) and Fred Upton (R-Mich.) to streamline Paycheck Protection Program loan forgiveness for the smallest businesses receiving PPP loans. The bipartisan House legislation and its Senate counterpart, S. 4117 introduced by Sens. Kevin Cramer (R-N.D.), Bob Menendez (D-N.J.), Thom Tillis (R-N.C.) and Kyrsten Sinema (D-Ariz.), calls...
July 23, 2020WASHINGTON, DC – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the Senate’s passage of legislation to prevent the garnishment of COVID stimulus payments: “Americans are continuing to battle not only the health but also economic impact of the COVID-19 pandemic. “This legislation is consistent with efforts by both consumer and banking groups to prevent Economic Impact Payments from being subject to garnishments. While most financial institutions stopped bank garnishments, the CARES Act did not allow banks to stop court-ordered garnishments. We are...
July 20, 2020CBA, SBFE Release Quarterly Small Business Lending Data Report covers onset of COVID-19 pandemic WASHINGTON – The Consumer Bankers Association and Small Business Financial Exchange today released the Small Business Lending Trends report covering the first quarter of 2020. The report, which is released quarterly, examines key credit information for America’s small businesses and each area examined shows higher movement as the COVID-19 pandemic began having an economic impact in the United States. Key findings from the report, which examined data from Q1 2020, include: Delinquency and...
