Media Releases

Press Contact

Lauren Bianchi
lbianchi@consumerbankers.com
202-552-6371
  • November 16, 2023
    In passing the sweeping reforms of the credit card market under the 2009 Credit Card Accountability Responsibility and Disclosure (“CARD”) Act, Congress required that the Consumer Financial Protection Bureau (CFPB) publish a review of the state of the credit card market every two years. 1 This year’s Consumer Credit Card Market Report (“CARD Act Report”) published late last month, was accompanied...
  • November 13, 2023
    NEW YORK, N.Y. – Consumer Bankers Association (CBA) President and CEO Lindsey Johnson this week participated in a panel discussion at the Reuters NEXT Conference on the health of the consumer, what’s next for the economy, and how the cumulative effect of current and expected regulatory proposals may impede banks’ ability to continue to deliver on their mission. The panel was moderated by Reuters...
  • November 9, 2023
    In a new fact sheet released today, the Consumer Bankers Association (CBA) and Bank Policy Institute (BPI) detailed how the Fed’s proposed debit interchange rule – also known as Regulation II – would harm consumers while benefiting merchants and retailers if enacted. What Happened On October 25, 2023, the Federal Reserve Board (the “Fed”) issued a proposed rulemaking that would lower the maximum...
  • November 7, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a larger participant rule regarding consumer digital payments. “By bringing supervisory attention to large non-bank payment firms in line with expectations for banks offering similar products, the CFPB is taking a step in the...
  • October 27, 2023
    “Racial equity, financial inclusion, and consumer financial health must be at the very heart of the retail banking business model.” WASHINGTON, D.C. – In a new letter to the editor appearing yesterday in American Banker , Consumer Bankers Association (CBA) President and CEO Lindsey Johnson reaffirmed banks’ ongoing commitment to support racial equity, mitigate instances of discrimination, and...
  • October 26, 2023
    Washington, D.C. — The Consumer Bankers Association, The Bank Policy Institute, and The Clearing House issued the following statement in response to the Federal Reserve’s proposed changes to Regulation II, which establishes caps on what banks can charge for facilitating debit card transactions. “The last time the Federal Reserve placed a cap on debit transaction costs, two things happened: the...
  • October 24, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (FDIC) released a joint final rule to amend the Community Reinvestment Act (CRA) regulatory framework. “America’s leading banks...
  • October 23, 2023
    In a new letter sent to the Federal Reserve Board of Governors, the Consumer Bankers Association, American Bankers Association, American Association of Credit Union Leagues, Credit Union National Association, Electronic Payments Coalition, Independent Community Bankers of America, Mid-Size Banks Coalition of America, National Association of Federally-Insured Credit Unions and National Bankers...
  • October 19, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking on the implementation of Section 1033 of the Dodd-Frank Act regarding consumer data rights. “CBA member banks continue to support a well-regulated marketplace that fosters competition, spurs...
  • October 11, 2023
    WASHINGTON, D.C. – Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the White House Rose Garden event with officials from the Consumer Financial Protection Bureau (CFPB) and other agencies focused on efforts to curb fees across various industries. “Banks exist to provide consumers and small businesses access to the financial tools...

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