Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • October 28, 2019
    CBA Writes Committee on Education Markup Calls for standardized disclosures on student loans, responsible lending caps to prevent debt traps WASHINGTON – The Consumer Bankers Association today wrote the Chair and Ranking Member of the House of Representatives’ Education and Labor Committee to offer comments on the upcoming College Affordability Act (H.R. 4674) markup. The letter calls for...
  • October 22, 2019
    CBA Commends House, Encourages Senate Action on Beneficial Ownership Bill WASHINGTON, D.C. – Following the U.S. House of Representatives’ passage of the Corporate Transparency Act (H.R. 2513), Consumer Bankers Association President and CEO Richard Hunt issued the following statement thanking the bill’s key sponsors, Reps. Carolyn Maloney (D-N.Y.), Pete King (R-N.Y.), Blaine Luetkemeyer (R-Mo.),...
  • October 18, 2019
    CBA on Supreme Court Hearing CFPB Constitutionality Case “Regardless of the outcome, a sole-director calling all the shots will never provide the long-term stability consumers deserve and the well-regulated financial sector needs. For that, Congress must create a bipartisan, Senate-confirmed commission to lead the Bureau…” WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt...
  • October 16, 2019
    CBA Recommends Legislative, Regulatory Changes to Improve CFPB, Consumer Protections WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt wrote the chairs and ranking members of the House Financial Services and Senate Banking committees related to hearings on the Consumer Financial Protection Bureau’s semi-annual report to Congress. In the letter, CBA recommends ways to...
  • October 15, 2019
    CBA on House Democrats’ Higher Education Proposal WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement after Democrats on the House of Representatives’ Committee on Education and Labor introduced higher education legislation: “This bill takes a positive step on one of the most common-sense student loan reforms by recognizing the need for better...
  • October 11, 2019
    CBA, Novantas Report Reveals New Insights on What Drives Consumer Savings WASHINGTON - The Consumer Bankers Association and Novantas today announced the release of new consumer deposit research, The Savings Dilemma. The study delves into an area of increased attention – consumer savings behavior – with a focus on actions U.S. banks can do to encourage savings and grow valuable deposits. The...
  • October 10, 2019
    CBA Statement on White House Executive Order on Guidance “Guidance can be a useful tool in clarifying complex rules and regulations but should not be used as a shortcut to implement new ones.” WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after President Donald Trump signed an Executive Order on the use of regulatory guidance: “Guidance...
  • October 10, 2019
    CBA Writes House Leadership on CFPB Constitutionality Case, Need for Bipartisan Commission “The potential of a court ruling that could install a director, removeable at-will, would bring increased confusion … A lack of certainty and long-term consistency in leadership at the Bureau adversely affects consumers, our economy and the financial services industry.” WASHINGTON – The Consumer Bankers...
  • October 10, 2019
    CBA Statement on Fed Regulatory Right-Sizing Vote “Regulations should be tailored for the strength of our banking industry and adjust as necessary to balance oversight with ensuring banks can continue meeting consumer needs, fostering economic growth and ensuring financial stability.” WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement after...
  • October 1, 2019
    CBA, SBFE Release Small Business Lending Trends Report New report to be released quarterly, examines key credit performance metrics WASHINGTON – The Consumer Bankers Association and Small Business Financial Exchange today released the inaugural Small Business Lending Trends report. The report, to be released each quarter, examines key credit information for America’s small businesses, including...

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