Privacy

Data security and, specifically, the safeguarding of personal financial information, are primary concerns for consumers and their banks. Banks have consistently been rated highly in surveys of consumer confidence regarding security of customer information, while continuing to develop innovative methods of fighting identity fraud. CBA supports national uniformity for information security rules, rather than allowing a patch-work of state and local laws and regulations. CBA advocates clear, uniform and flexible rules that will facilitate compliance and provide latitude for fraud experts at financial institutions to continue to create dynamic solutions to address the challenges of information security.
  • December 28, 2016
    December 28, 2016 OMB Desk Officer for the Bureau of Consumer Financial Protection Office of Management and Budget New Executive Office Building, Room 10235 Washington, DC 20503 RE: Comment Request on the Proposed “Consumer Response Company Response Survey” Docket No. CFPB-2016-0049; OMB Control Number: 3170-XXXX Dear OMB Desk Officer: The American Bankers Association (ABA)1 and Consumer Bankers...
  • November 17, 2016
    On Thursday, November 17, 2016, the CFPB hosted a field hearing in Salt Lake City to discuss challenges consumers may encounter when trying to use and access their digital financial records. In coordination with the hearing, the Bureau published a request for information (RFI) on the subject, posing 20 questions on current market practices and how market practices should change over time...
  • November 4, 2016
    November 4, 2016 The Honorable Scott Tipton The Honorable Terri Sewell U.S. House of Representatives U.S. House of Representatives 218 Cannon House Office Building 1133 Longworth House Office Building Washington, DC 20515 Washington, DC 20515 The Honorable Randy Hultgren U.S. House of Representatives 2455 Rayburn House Office Building Washington, DC 20515 Dear Representatives Tipton, Sewell and...
  • October 24, 2016
    October 24, 2016 Via Electronic Mail Ms. Monica Jackson Office of the Executive Secretary Consumer Financial Protection Bureau 1275 First Street NE Washington, DC 20002 Docket No. CFPB–2016–0039, RIN 3170–AA63 Re: Comments in Response to the Notice of Proposed Rulemaking – Amendments Relating to Disclosure of Records and Information. Ladies and Gentlemen: The Clearing House Association L.L.C.,...
  • September 22, 2016
    On Thursday, September 22, 2016, Treasury Secretary Jack Lew testified before the House Financial Services Committee for the sixth Annual Report of the Financial Stability Oversight Council (FSOC). Chairman Jeb Hensarling (R-TX) remained critical of FSOC’s ability to identify risks to the financial system, especially regarding housing finance reform, bank consolidation and the unsustainable...
  • September 12, 2016
    September 12, 2016 The Honorable Jeb Hensarling Chairman Committee on Financial Services U.S. House of Representatives Washington, D.C. 20515 Dear Chairman Hensarling, The Consumer Bankers Association (CBA) applauds the goal of H.R. 5983, the Financial CHOICE Act of 2016, to reform the financial services regulatory framework and reduce regulatory burdens on financial institutions. CBA is the...
  • August 10, 2016
    August 10, 2016 By electronic delivery to: www.regulations.gov Monica Jackson, Office of the Executive Secretary Bureau of Consumer Financial Protection 1700 G Street, NW Washington, D.C. 20552 Re: Amendment to the Annual Privacy Notice Requirement Under the Gramm-Leach- Bliley Act (Regulation P) – Docket No. CFPB-2016-0032 Dear Ms. Jackson: The undersigned associations (Associations), the...
  • June 18, 2015
    Federal regulators gave a thumbs down today to requests from bankers, telemarketers and debt collectors that could have made robocalls as routine on cellphones as they are on household landlines. The Federal Communications Commission voted 3-to-2 along party lines to adopt rules that enhance consumer protections from unwanted calls and text messages to their cell phones. The commission's three...
  • June 18, 2015
    The banking industry, which wanted curbs on costly lawsuits over unwanted robo-calls to consumers, was dealt a rebuke Thursday by the Federal Communications Commission. In a party-line vote, the FCC approved new robo-calling rules that mostly rejected the entreaties of banks and other companies. For bankers, the 3-2 vote represents a reversal of fortune. Early this year, industry representatives...
  • June 4, 2015
    Associate Inspector General Melissa Heist Office of Inspector General,Audits and Evaluations Division Board of Governors of the Federal Reserve System Bureau of Consumer Financial Protection 20th Street and Constitution Avenue NW Mail Stop K-300 Washington,DC 20551 Dear Associate Inspector General Heist: We would like to thank you and members of your staff for meeting with us on May 7,2015. As we...

Pages