Media Releases

Press Contact

Lauren Bianchi
lbianchi@consumerbankers.com
202-552-6371
  • September 17, 2021
    More than 40 associations representing a broad cross-section of financial and business interests led by the Consumer Bankers Association (CBA) and American Bankers Association (ABA) today sent a letter to Speaker of the House Nancy Pelosi (D-CA), Minority Leader Kevin McCarthy (R-CA) and Members of the U.S. House of Representatives urging them not to move forward with a proposal under...
  • September 14, 2021
    In a new letter sent today to the Administrator of the U.S. Small Business Administration (SBA) Isabella Guzman, the Consumer Bankers Association (CBA) touted the work of the nation’s leading banks in helping America’s small businesses through the Paycheck Protection Program (PPP) forgiveness process and released the results of an internal survey showing “CBA members have reached roughly 97...
  • September 14, 2021
    In an interview yesterday with Yahoo Finance and a new op-ed published today in Morning Consult to commemorate National Small Business Week, CBA President and CEO Richard Hunt recognized the indelible role America’s leading banks played in supporting the nation’s 30 million small businesses during this economic crisis. Through the successful implementation of the Paycheck Protection Program, this...
  • September 8, 2021
    Consumer Bankers Association President and CEO Richard Hunt today issued the following statement after the Federal Deposit Insurance Corporation (FDIC) released the Q2 2021 Quarterly Banking Profile: “The FDIC’s second quarter profile illustrates the strength and resiliency of our well-capitalized, well-regulated banking system as well as the growing confidence of the American consumer. Improving...
  • September 1, 2021
    WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt today released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM) for Section 1071 of the Dodd-Frank Act to expand data collection requirements for financial institutions in the small business lending market: “For more than a century, CBA member banks...
  • August 31, 2021
    WASHINGTON, D.C. – The Consumer Bankers Association (CBA) today announced Wells Fargo as the 2021 Joe Belew Award winner, recognizing the bank for its efforts to support communities hardest hit by the pandemic with its Drive-Up Food Bank Program . Wells Fargo was one of 14 banks to submit applications showcasing the impact of their COVID-19 relief initiatives. Entering its 11th year, the award...
  • August 31, 2021
    In a new letter sent to the U.S. House Committee on Small Business, the Consumer Bankers Association reiterated the commitment from America’s leading banks to provide a simplified and streamlined forgiveness process for 2021 Paycheck Protection Program (PPP) borrowers. CBA member banks represented 13 of the top 15 PPP lenders in 2020, and their efforts have helped protect more than 90 million...
  • August 18, 2021
    WASHINGTON – Consumer Bankers President and CEO, Richard Hunt, today released the following statement in response to a new study from researchers at the University of Texas, which found fintech lenders participating in the recent Paycheck Protection Program (PPP) were nearly five times more likely than traditional lenders to be involved with suspicious loans. The study also concluded nine out of...
  • August 18, 2021
    WASHINGTON – In a new letter sent to Rep. Blaine Luetkemeyer, Ranking Member of the Subcommittee on Consumer Protection and Financial Institutions on the House Financial Services Committee, nearly thirty trade groups expressed strong support for H.R. 4773, the Consumer Financial Protection Commission Act, which would transition the governance structure of the Consumer Financial Protection Bureau...
  • August 16, 2021
    WASHINGTON – Hundreds of the nation’s top bankers, policymakers, and industry thought leaders joined CBA LIVE 2021 virtually for Day One of retail banking’s top annual event. Today’s programming featured a conversation with Acting Comptroller of the Currency, 7 Deep Dive sessions and 25 forums covering a wide array of topics and issues facing banks today, including: “Under New Management: CFPB...

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