Regulatory Compliance & Agency Engagement
August 21, 2023To Whom It May Concern: The Mortgage Bankers Association (MBA) and the Consumer Bankers Association thank the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (the Board), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), Consumer Financial Protection Bureau (CFPB), and Federal Housing Finance Agency (FHFA...
August 18, 2023Dear Director Chopra, The American Financial Services Association (AFSA), Consumer Bankers Association (CBA), CRE Finance Council (CREFC), Equipment Leasing and Finance Association (ELFA), Mortgage Bankers Association (MBA), National Association of Federally-Insured Credit Unions (NAFCU), Truck Renting and Leasing Association (TRALA), and the U.S. Chamber of Commerce (Chamber) (together, the “...
August 9, 2023The American Bankers Association (ABA), ACA International, American Financial Services Association, Consumer Bankers Association, Credit Union National Association, Mortgage Bankers Association, National Association of Federally-Insured Credit Unions, National Council of Higher Education Resources, and Student Loan Servicing Alliance (the Associations) appreciate the opportunity to comment on the...
July 27, 2023Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released a new statement responding to a proposed rule unveiled by the Federal Reserve, Federal Deposit Insurance Corp. (FDIC) and the Office of the Comptroller of the Currency (OCC) seeking to implement the Basel III endgame agreement for large banks, including enhanced risk-capital requirements for all banks with $100...
April 28, 2023Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the Government Accountability Office (GAO), Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) released new reports examining the failures of Silicon Valley Bank and Signature Bank last month. "Today’s reports confirm there were a multitude of factors contributing to...
March 31, 2023Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the White House endorsed several proposals that would increase regulatory requirements for the banking industry before policymakers have completed a comprehensive review of the collapses of Silicon Valley Bank and Signature Bank. “America’s leading banks are strong, resilient, and...
March 16, 2023Dear Director Chopra: The Bank Policy Institute, American Bankers Association, Consumer Bankers Association, Credit Union National Association, and the National Association of Federally-Insured Credit Unions1 are writing with respect to the Consumer Financial Protection Bureau’s notice of proposed rulemaking regarding Credit Card Penalty Fees (Regulation Z).2 The NPR proposes sweeping changes to...
February 28, 2023Dear Director Chopra: The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Credit Union National Association, Independent Community Bankers of America, National Association of Federally-Insured Credit Unions, and National Bankers Association, representing banks and credit unions across the regulated financial system, write with respect to the comment deadline for...
February 10, 2023Dear Ms. Misback: The American Bankers Association (“ABA”), Consumer Bankers Association (“CBA”), Credit Union National Association (“CUNA”), National Association of Federally-Insured Credit Unions (“NAFCU”), and The Clearing House (“TCH”), which together represent virtually all of the Nation’s regulated financial institutions, write to request that the Board of Governors of the Federal Reserve...
CBA Letter to CFPB ahead of "Data Broker" Rulemaking under FCRA