Comment Letters
December 14, 2021Dear Senator Scott: On behalf of the Consumer Bankers Association (“CBA”), I write to express our strong support for S. 3382, which would prohibit the Administrator of the Small Business Administration (SBA) from directly making loans under the 7(a) loan program. This bill is vitally important as lawmakers continue to deliberate a proposal contained within the Build Back Better bill that would...
December 6, 2021To Whom It May Concern: The Consumer Bankers Association (CBA) and the American Bankers Association (ABA) appreciates the opportunity to submit comments to the Consumer Financial Protection Bureau (Bureau) in response to the Bureau’s notice and request for comment regarding the Bureau’s inquiry into big tech payment platforms. CBA and ABA support the Bureau’s focused efforts to prevent regulatory...
November 24, 2021Dear Ranking Member Luetkemeyer: On behalf of the Consumer Bankers Association (“CBA”), I write to express our strong support for H.R. 6037, which would prohibit the Administrator of the Small Business Administration (SBA) from directly making loans under the 7(a) loan program. This bill is vitally important as lawmakers continue to deliberate a proposal contained within the Build Back Better...
November 1, 2021Dear Chairman Brown and Ranking Member Toomey: We, the undersigned organizations, support federal legislation to address “tough legacy” contracts that currently reference LIBOR. We respectfully request the Committee move judiciously in enacting LIBOR legislation. There are trillions of dollars of outstanding contracts, securities, and loans that use LIBOR for their interest rates but do not have...
October 27, 2021Dear Representative Ferguson: On behalf of the Consumer Bankers Association (“CBA”), I write to express our support for H.R.5586, the Prohibiting IRS Financial Surveillance Act. This bill is vitally important as lawmakers continue to deliberate proposals that would require banks to provide the IRS with details and data on the accounts of customers who deposit or withdrawal $600 annually. Congress...
October 27, 2021Dear Senator Scott: On behalf of the Consumer Bankers Association (“CBA”), I write to express our support for S. 3056, the Prohibiting IRS Financial Surveillance Act. This bill is vitally important as lawmakers continue to deliberate proposals that would require banks to provide the IRS with details and data on the accounts of customers who deposit or withdrawal $600 annually. Congress must...- October 27, 2021Dear Senator Scott: On behalf of the Consumer Bankers Association (“CBA”), I write to express our support for S. 3056, the Prohibiting IRS Financial Surveillance Act. This bill is vitally important as lawmakers continue to deliberate proposals that would require banks to provide the IRS with details and data on the accounts of customers who deposit or withdrawal $600 annually. Congress must...
October 18, 2021Ms. Misback, Mr. Sheesley, and the Chief Counsel’s Office: The Consumer Bankers Association (CBA) appreciates the opportunity to submit comments in response to the proposed interagency guidance and request for comment (Proposed Guidance) issued by the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of...
October 4, 2021Director Chopra: The Consumer Bankers Association (CBA) congratulates you on your confirmation as the Director of the Consumer Financial Protection Bureau (Bureau). CBA has worked with every Director since the Bureau’s inception to champion the consumer benefits of retail banking and advocate for sound banking policy. CBA welcomes the opportunity to work with you to advance the Bureau’s mission...
Joint Comment Letter on HMDA (Regulation C)