Nick Simpson
Senior Vice President, Public Affairs
- (202) 552-6371
- nsimpson@consumerbankers.com
- @nicklaus
- Nick SImpson
More From Nick Simpson
June 30, 2020CBA on Paycheck Protection Program Application Deadline WASHINGTON, D.C. – Consumer Bankers Associations President and CEO Richard Hunt issued the following statement on today’s (June 30 th ) deadline for submitting Paycheck Protection Program applications: “America’s small businesses, and the millions of men and women who work at them, are the foundations of communities across the country and our nation’s economy. In the last three months, the entire banking industry has come together to make nearly five million loans and save an estimated 30 million jobs. I am proud of the entire industry...
June 30, 2020CBA, BPI Applaud Introduction of Targeted PPP Forgiveness Legislation WASHINGTON – The Consumer Bankers Association and Bank Policy Institute today issued the following statement after the introduction of bipartisan legislation from Sens. Kevin Cramer (R-N.D.), Bob Menendez (D-N.J.), Thom Tillis (R-N.C.) and Kyrsten Sinema (D-Ariz.) to forgive Paycheck Protection Program loans for the smallest business borrowers simply by completing a one-page attestation form: “The existing forgiveness guidance will require the smallest business owners to invest a significant amount of time and resources...
June 29, 2020CBA Statement on Supreme Court CFPB Ruling WASHINGTON, D.C. – Consumer Bankers Associations President and CEO Richard Hunt issued the following statement after the U.S. Supreme Court ruled in Seila Law LLC v CFPB the Consumer Financial Protection Bureau’s leadership structure was unconstitutional and changed the Bureau’s single director from a position which could only be fired for cause to a political position removable at the will of the President: “The Court’s ruling eliminates the Bureau’s independence through the creation of an at-will Director, further exacerbating the political...
