Media Releases

Press Contact

Billy Rielly
brielly@consumerbankers.com
  • March 9, 2023
    In a new letter to the House Financial Services Subcommittee on Financial Institutions and Monetary Policy ahead of its hearing entitled “Consumer Financial Protection Bureau: Ripe for Reform,” the Consumer Bankers Association (CBA) outlined specific recommendations to reform the Consumer Financial Protection Bureau (CFPB). In the letter, CBA President and CEO Lindsey Johnson highlighted concerns...
  • March 8, 2023
    In a new op-ed appearing today in RealClearMarkets, Consumer Bankers Association (CBA) President & CEO Lindsey Johnson outlined tangible steps Congress must take to ensure the Consumer Financial Protect Bureau (CFPB) operates beyond reproach. The piece comes days after the Supreme Court announced it would hear a case examining the CFPB and ahead of a House Financial Services Subcommittee...
  • March 2, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the House Financial Services Committee held a markup to advance the Data Privacy Act, legislation proposed by Chairman Patrick McHenry (R-NC) that would bolster the protection of consumers’ personal financial information: “America’s leading banks remain fully committed to protecting...
  • February 27, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement in response to the U.S. Supreme Court’s decision to take up Consumer Financial Protection Bureau v. Community Financial Services Association of America, which will examine whether the funding structure of the CFPB is constitutional: “For nearly 12 years, CBA has worked together with the...
  • February 24, 2023
    In a new American Banker op-ed , Consumer Bankers Association (CBA) President & CEO Lindsey Johnson outlined why recent changes made by the CFPB to the Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) Exam Manual will hinder banks’ ability to promote economic advancement among underserved communities. In addition to conveying the significant legal and procedural questions posed by the...
  • February 7, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson tonight released the following statement on President Joe Biden’s State of the Union address: “As the nation continues to grapple with ongoing economic headwinds, consumers are spending more and making less. According to a recent survey, nearly 70% of workers are unable to cover an emergency $400 expense with savings alone...
  • February 1, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the Consumer Financial Protection Bureau (CFPB) announced a Notice of Proposed Rulemaking (NPRM) that would limit the safe harbor amount credit card issuers can charge consumers for overdue payments: “This announcement is just the latest example of the Bureau seeking to advance a...
  • January 30, 2023
    In a new op-ed appearing in The Hill, CBA’s Executive Vice President & Head of Regulatory Affairs, Dan Smith, outlines how the CFPB’s proposal to implement of Section 1033 of the Dodd-Frank Act would dramatically hinder competition and put the safety and security of consumers’ sensitive financial data at risk. The piece reiterates concerns CBA conveyed in a comment letter sent to the Bureau...
  • January 25, 2023
    In a new letter sent today to the Consumer Financial Protection Bureau (CFPB), the Consumer Bankers Association (CBA) outlined specific recommendations to deliver a well-founded, durable Section 1033 rule that promotes competition and bolsters the safety and security of consumers’ personal financial data. The letter was sent after the Bureau released an outline of proposals to implement Section...
  • January 18, 2023
    Next week, the Consumer Financial Protection Bureau (CFPB) will receive input from stakeholders on the Bureau’s outline of proposals to implement Section 1033 of the Dodd-Frank Act. Once finalized, the regulation will have wide-ranging implications for the safety and security of consumers’ personal financial data. Here’s what’s happening, why it matters, and what policymakers must consider to get...

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