Media Releases
November 15, 2021In a new Banking Dive op-ed , Consumer Bankers Association (CBA) President and CEO Richard Hunt advocates for the Consumer Financial Protection Bureau (CFPB) to establish clear and transparent rules of the road in lieu of enforcement when creating new guidelines or interpretations of existing regulatory standards. With last Friday marking one month since CFPB Director Rohit Chopra was officially...
November 5, 2021Yesterday, Richard Foster, who recently completed a two-year term as Chair of the Consumer Bankers Association (CBA) Small Business Committee , participated in a Veterans Small Business Showcase and Roundtable hosted by House Committee on Small Business Ranking Member Blaine Luetkemeyer (MO-03) to commemorate National Veterans Small Business Week. Foster is an Executive Vice President and...
November 3, 2021Consumer Bankers Association (CBA) President and CEO Richard Hunt today, during the November meeting of the CBA Board of Directors, announced his plan to depart after more than a dozen years leading the organization. Hunt will continue to serve as President and CEO until the summer of 2022 and will assist the CBA Search Committee in identifying a successor. “It has been an honor and a privilege...
October 29, 2021Consumer Bankers Association Education Funding Committee Chair and Head of Student Lending for Citizens Bank Christine Roberts earlier this week testified before the District of Columbia City Council Committee on Business and Economic Development in opposition to a proposal (B-170) that, in its current form, would reduce access to higher education options for students and families living in the...
October 26, 2021The Consumer Bankers Association and Small Business Financial Exchange today released the Small Business Lending Trends analysis covering the second quarter of 2021. The analysis, which is released quarterly, examines key credit information for America’s small businesses and found multiple rounds of federal relief and lender assistance programs have had a positive impact on both delinquency and...
October 26, 2021Consumer Bankers Association President and CEO Richard Hunt today sent the following letter to the Chairs and Ranking Members of the House Financial Services Committee and Senate Banking Committee ahead of the Consumer Financial Protection Bureau’s (CFPB) semi-annual report to Congress this week. The hearings mark Director Rohit Chopra’s first Congressional testimony since he was officially sworn...
October 21, 2021Consumer Bankers Association (CBA) President and CEO Richard Hunt today released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a series of orders to collect information on the business practices of large technology companies operating payments systems in the United States. The initial orders were sent to Amazon, Apple, Facebook, Google, PayPal, and Square. “...
October 21, 2021Following the official swearing-in of Rohit Chopra as the third permanent Director of the Consumer Financial Protection Bureau (CFPB) last week , the Consumer Bankers Association today released “The Case For Regulation Through Rulemaking & Guidance,” a new white paper advocating for the Bureau to utilize rulemaking and informal written guidance in lieu of enforcement when creating new...
October 14, 2021More than 100 associations representing a broad cross-section of financial and business interests today wrote to Senate Majority Leader Chuck Schumer (D-CA), Senate Minority Leader Mitch McConnell (R-KY), Speaker of the House Nancy Pelosi (D-CA), and House Minority Leader Kevin McCarthy (R-CA) reaffirming their opposition to a proposed tax information reporting regime that would directly impact...
October 6, 2021WASHINGTON – In a new profile story appearing in yesterday’s Charlotte Business Journal, Consumer Bankers Association Board Chair, Michelle Lee, Regional Banking Executive, Branch Banking at Wells Fargo and Immediate Past Chair, Christine Channels, Head of Community Banking and Client Protection at Bank of America discuss how – as Charlotte-based female executives at two of the nation’s largest...
