Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • December 11, 2018
    CBA Statement on BCFP Campus Products Report WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Bureau of Consumer Financial Protection’s internal report on the use of campus products: “Banks value the relationship they have with their customers and provide important, necessary services to students as they work to achieve their goals...
  • December 6, 2018
    CBA Statement on Kraninger Confirmation WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Senate confirmed Kathleen Kraninger to a five-year term as director of the Bureau of Consumer Financial Protection: “CBA would like to congratulate Ms. Kraninger on her confirmation to this important position, one where she has the final say...
  • December 3, 2018
    CBA Statement on Regulators BSA/AML Innovation Announcement WASHINGTON – The Consumer Bankers Association today said the announcement made by the U.S. Department of Treasury’s Financial Crimes Enforcement Network and prudential regulators encouraging financial institutions to explore more innovative approaches to combat money laundering and illicit terrorist financing is an important first step...
  • November 29, 2018
    CBA Submits BSA/AML Improvement Recommendations WASHINGTON – The Consumer Bankers Association today provided recommendations on improving Bank Secrecy Act and related anti-money laundering laws and regulations to the Senate Banking Committee in advance of a hearing on combatting money laundering and other forms of illicit finance. The letter was sent to Committee Chairman Mike Crapo (R-Idaho) and...
  • November 19, 2018
    CBA Launches Community Reinvestment Act Resource Microsite Site contains CRA-101 primer, CBA priorities, testimonials WASHINGTON – The Consumer Bankers Association today launched a Community Reinvestment Act resource microsite. The site includes CRA-focused comment letters, videos, op-eds, statements, relevant articles and a list of CBA’s Community Reinvestment Act member banks. CBA’s comment...
  • November 19, 2018
    CBA Submits Comment Letter to OCC on CRA Offers goals of modernization efforts: Clarity, Transformation, Flexibility & Optionality WASHINGTON – Consumer Bankers Association today submitted comments in response to the Office of the Comptroller of Currency’s advance notice of proposed rulemaking on ways to modernize the Community Reinvestment Act. CBA’s comment letter was drafted in conjunction...
  • November 14, 2018
    CBA Statement on FDIC Small-Dollar RFI WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Federal Deposit Insurance Corporation published a request for information on small-dollar lending programs: “About half of all American families cannot cover emergency bills ranging from car repairs and medical expenses to child care. Policies in...
  • November 7, 2018
    CBA Statement on Midterm Election Results WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after Democrats gained the majority in the U.S. House of Representatives: “We look forward to working with both parties on common-sense, bipartisan legislative proposals and regulatory reform. Divided government can produce major accomplishments and...
  • November 7, 2018
    CBA will host a member call on Wednesday, November 7, 2018 at 3 p.m. ET to discuss the outcome of the 2018 Midterm Election and its impact on retail banking. CLICK HERE TO ACCESS THE MATERIALS FOR THE CALL.
  • October 31, 2018
    CBA Statement on Fed Regulatory Proposals WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Federal Reserve Board proposed creating a tiered regulatory structure for bank holding companies, consistent with S. 2155: “The Fed took a positive step toward making regulations more aligned with the risks posed by activities instead of...

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