Comment Letters
June 23, 2021Dear Chairman Scott and Dr. Foxx, On behalf of the Consumer Bankers Association (CBA), I am writing to share our views about education loans and higher education policy in advance of Secretary Cardona’s testimony before your Committee on Thursday, June 24. CBA is the voice of the retail banking industry whose members operate in all 50 states, serve more than 150 million Americans, and...
June 11, 2021To Whom It May Concern: The Consumer Bankers Association (“CBA”) appreciates the opportunity to offer comments in response to the Office of the Comptroller of the Currency (“OCC”), Board of Governors of the Federal Reserve System (“Board”), Federal Deposit Insurance Corporation (“FDIC”), National Credit Union Administration (“NCUA”), and Financial Crimes Enforcement Network’s (“FinCEN”) (...
June 8, 2021Dear Speaker Pelosi and Minority Leader McCarthy: RE: Opposition to House Consideration of Senate Joint Resolution 15 (disapproval of OCC True Lender Rule) The undersigned trade associations, representing banks and financial services providers that serve millions of American consumers, write in opposition to Senate Joint Resolution 15 and urge the House to oppose this measure. The Joint...
May 21, 2021Dear Chairman Peters, Ranking Member Portman, Chairman Thompson, Ranking Member Katko, Chairman Warner, Ranking Member Rubio, Chairman Schiff, Ranking Member Nunes, Chairman Brown, Ranking Member Toomey, Chairman Waters and Ranking Member McHenry: As Congress considers ways to address our nation’s cybersecurity challenges, we strongly encourage an open and transparent legislative process that...
May 12, 2021Dear Speaker Pelosi and Minority Leader McCarthy, On behalf of the Consumer Bankers Association (CBA), I am writing to urge you to oppose the Comprehensive Debt Collection Improvement Act (H.R. 2547) being considered this week by the House of Representatives. CBA is entering our 102nd year as the voice of retail banking in Washington, D.C. and strongly advocates for polices that allow banks to...
May 11, 2021Dear Speaker Pelosi and Leader McCarthy: On behalf of the undersigned organizations, we are writing to express our views on H.R. 2547, the “Comprehensive Debt Collection Improvement Act,” sponsored by Chairwoman Waters of the House Financial Services Committee. Collectively, our organizations represent a broad and diverse constituency of lenders, servicers, and additional market participants that...
May 10, 2021Dear Committee Members: The undersigned trade associations represent banks, credit unions and related financial institutions of all sizes. We thank you for your interest in better understanding and addressing the causes of the “Tax Gap,” and we share your interest in ensuring taxpayers honor their obligations. Our associations agree the government must have adequate funding and resources to...
May 6, 2021Dear Majority Leader Schumer and Republican Leader McConnell: RE: Opposition to Senate Joint Resolution 15 (disapproval of OCC True Lender Rule) The undersigned trades associations, representing banks and financial services providers that serve millions of American consumers, write in opposition to Senate Joint Resolution 15. Changes should be made to the True Lender Rule (the final rule issued...
April 29, 2021Dear Senators Scott and Manchin: On behalf of the Consumer Bankers Association (CBA), I write to express our strong support for The Student Loan Disclosure Modernization Act. CBA is the voice of the retail banking industry whose members operate in all 50 states, serve more than 150 million Americans, and collectively hold two-thirds of the country’s total depository assets. CBA members are also...
CBA Letter to House FSGG Subcommittee re Postal Banking