Media Releases

Press Contact

Lauren Bianchi
lbianchi@consumerbankers.com
202-552-6371
  • March 31, 2021
    CBA Statement on CFPB Decision to Revoke Much-Needed COVID-19 Flexibility WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt today issued the following statement after the Consumer Financial Protection Bureau, under Acting Director Dave Uejio, announced its decision to revoke much-needed COVID-19 flexibility for banks, which will go into effect tomorrow, April 1, 2021: “This...
  • March 26, 2021
    One Year After CARES Act Became Law, CBA Recognizes Invaluable Role Banks Have Played “Banks will continue working tirelessly to get Americans back on their feet and the economy back on track.” WASHINGTON – In advance of the one-year anniversary since the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law on March 27, 2020, Consumer Bankers Association President...
  • March 25, 2021
    CBA Statement on Passage of PPP Extension Bill WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Senate and House of Representatives passed an extension of the Paycheck Protection Program, allowing banks to continue helping small businesses through the COVID-19 pandemic: “CBA applauds Congress’ swift passage of this critical bill to...
  • March 18, 2021
    CBA Statement on SBA Administrator Confirmation WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Senate confirmed Isabel Guzman for SBA Administrator: “CBA congratulates Isabel Guzman, longtime advocate for small businesses, on being confirmed to serve as the next SBA Administrator. We are eager to learn more about her vision for...
  • February 23, 2021
    CBA Statement on FDIC Quarterly Banking Profile WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Federal Deposit Insurance Corporation released its full-year and fourth quarter 2020 performance report: “The FDIC’s latest report reveals the nation’s banks remained strong and resilient throughout 2020 despite the financial impact of...
  • February 22, 2021
    CBA Statement on PPP Changes WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt today issued the following statement applauding the effort to help the smallest businesses receive Paycheck Protection Program loans and also called on the Small Business Administration to address underlying issues in the program which are preventing more businesses from receiving relief: “Banks...
  • February 4, 2021
    CBA Statement on Latest Student Debt Resolution WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after Senate Democrats proposed eliminating $50,000 of student debt without a serious attempt to bring about fundamental, long-lasting reforms aimed at lowering college tuition: “Focusing on after-the-fact student loan debt alone is a temporary...
  • January 27, 2021
    CBA Writes Congress on Consumer Finance Legislative Agenda WASHINGTON – The Consumer Bankers Association yesterday afternoon wrote the leadership of the Senate Banking, Housing and Urban Affairs and House Financial Services committees to discuss legislative issues affecting consumers and financial institutions as well as the work banks have done to assist consumers during COVID-19, including...
  • January 27, 2021
    CBA Statement on Yellen Confirmation WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the U.S. Senate overwhelmingly confirmed Janet Yellen for U.S. Treasury Secretary: “CBA congratulates Secretary Yellen on her confirmation. She is a tested, steady hand and will play a pivotal role as our nation works to recover from the economic...
  • January 27, 2021
    CBA Statement Director Kraninger’s Tenure WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on Consumer Financial Protection Director Kathy Kraninger’s tenure: “We would like to thank Director Kraninger for answering the call to public service and, most importantly, her commitment to consumers. She advanced the Bureau’s financial education...

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