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CBA Statement on CFPB’s Request for Feedback on Its Operations
WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the Consumer Financial Protection Bureau (CFPB) announced a request for feedback on its operations:
“Many actions conducted previously by the CFPB certainly warrant a thorough review. A balanced approach to regulation is essential to a healthy banking sector, and preserving consumer choice and access to credit. We look forward to working with the CFPB to ensure consumers and the banking industry benefit from any potential changes,” said CBA President & CEO Richard Hunt.