Media Releases

Press Contact

Billy Rielly
brielly@consumerbankers.com
  • June 14, 2016
    Washington, D.C. (June 14, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), today released the following statement in response to Chairman Randy Neugebauer’s (R-Texas) introduction of a bill to repeal the Durbin Amendment, H.R. 5465. “Not only have consumers failed to see the savings promised to them by merchants but also they lost out on many affordable banking...
  • June 9, 2016
    Washington, D.C. (June 9, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), today released the following statement in response to the passage of the House Appropriations Committee’s fiscal year 2017 Financial Services and General Government Appropriations bill out of the Committee. “We applaud House appropriators for taking steps to make needed improvements to the...
  • June 7, 2016
    Washington, D.C. (June 7, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to House Financial Services Chairman Jeb Hensarling’s speech previewing reforms to the Dodd-Frank Act. “Like any 2,300 page bill, the Dodd-Frank Act is imperfect. We applaud Chairman Hensarling for his persistent commitment to seeking needed...
  • June 1, 2016
    Washington, D.C. (June 1, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to the CFPB’s issuance of a proposed rule on small-dollar lending. “The CFPB has indicated it would like to see banks provide small-dollar loans to consumers in need, like the nearly half of the country who cannot afford a $400 emergency expense...
  • May 25, 2016
    Washington, D.C. (May 25, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), today released the following statement in response to the passage of the House Appropriations Committee’s fiscal year 2017 Financial Services and General Government Appropriations bill out of the subcommittee. “Today, the House Appropriations Subcommittee took steps to make needed...
  • May 18, 2016
    Washington, D.C. (May 18, 2016) – Dong Hong, Vice President and Regulatory Counsel at the Consumer Bankers Association, today testified before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit about the CFPB’s arbitration proposal. The following are excerpts from his testimony : “A fundamental principal of banking is to establish strong relationships with...
  • May 5, 2016
    Washington, D.C. (May 5, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to the CFPB’s issuance of a proposed rule on arbitration. “Arbitration has long provided a faster, better, and more cost-effective means of addressing consumer disputes than litigation or class action lawsuits. The real winners of today’s...
  • April 28, 2016
    Washington, D.C. (April 28, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) unveiling of the student loan Payback Playbook. “While we welcome the Obama administration’s efforts to help students better understand their payment obligations, we are disappointed the...
  • March 31, 2016
    Washington, D.C. (March 31, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement in response to the OCC’s Thomas J. Curry, Comptroller of the Currency, before the Harvard Kennedy School’s New Directions in Regulation Seminar: “We appreciate the OCC’s engagement on this issue because policies written decades ago do not reflect today’s...
  • March 29, 2016
    Washington, D.C. (March 29, 2016) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement in response to a U.S. Government Accountability Office (GAO) report entitled “Financial Regulation: Complex and Fragmented Structure Could Be Streamlined to Improve Effectiveness” released yesterday: “When regulators fail to be efficient and effective,...

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