Nick Simpson
Senior Vice President, Public Affairs
- (202) 552-6371
- nsimpson@consumerbankers.com
- @nicklaus
- Nick SImpson
More From Nick Simpson
January 24, 2020CBA Statement on CFPB’s UDAAP Announcement WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Consumer Financial Protection Bureau provided a framework for how the Bureau will apply the “abusiveness” standard in supervision and enforcement matters: “Defining the CFPB’s interpretation of its UDAAP authority will assist consumers as well as financial institutions working to meet their customers’ needs by offering safe and sound banking products within a well-regulated industry. We applaud the Bureau for issuing this statement that...
January 15, 2020CBA Leadership Rings New York Stock Exchange Closing Bell WASHINGTON – Members of the Consumer Bankers Association (CBA) Board of Directors as well as several of the association’s committee chairs and vice chairs today rang the New York Stock Exchange’s closing bell. The Dow closed at a record high, breaking 29,000. CBA Board Chair Nitin Mhatre, EVP, Head of Community Banking and Marketing at Webster Bank (center) rang the closing bell. Other attendees on the podium included, from left to right: Ryan Bailey, Head of Retail Banking Group, Bank of the West; Jeremy Harlow, VP, Internal Audit...
January 14, 2020CBA Writes House Financial Services Subcommittee on CRA Modernization WASHINGTON – The Consumer Bankers Association (CBA) today wrote House Financial Services Consumer Protection and Financial Institutions Subcommittee Chair Greg Meeks (D-N.Y.) and Ranking Member Blaine Luetkemeyer (R-Mo.) to discuss efforts to modernize the Community Reinvestment Act. “CBA believes banks have an affirmative obligation to help meet the credit needs of their communities, including low- and moderate-income (LMI) areas, consistent with safe and sound banking policies,” CBA President and CEO Richard Hunt wrote in...
