Media Releases
- April 15, 2021CBA Calls for Continued Efforts to Level Playing Field, Highlights Dangers of ILC Charters Without Adequate Supervision WASHINGTON – In advance of the House Subcommittee on Consumer Protection and Financial Institutions hearing today entitled “Banking Innovation or Regulatory Evasion? Exploring Trends in Financial Institution Charters,” the Consumer Bankers Association wrote a letter to...
- April 15, 2021Former Regulator, Industry Experts Analyze Potential Threats, Trends & Controversial Issues Facing Banks WASHINGTON, DC – The Consumer Bankers Association hosted its first-ever CBA Washington Forum on Wednesday where lawmakers and industry experts weighed in on where the industry is now and where banking could be headed in “the new Washington, DC.” The second half of our program featured a...
- April 14, 2021At CBA, Lawmakers, Regulators Discuss What’s Ahead in Washington for Retail Banking At the Consumer Bankers Association’s first-ever Washington Forum earlier today, regulators and lawmakers at the forefront of bank policy weighed in on the biggest issues facing the industry, including: addressing new technologies and the evolving banking ecosystem, increasing access to banking products and...
- April 13, 2021CBA: Restraining Federal Lending Critical to Reducing Excessive Student Loan Debt In letter to Senate Banking Subcommittee, CBA outlines practical solutions to ease student loan debt, protect borrowers WASHINGTON – As the Administration and Congress evaluate proposals to address the nation’s federal student debt crisis, Consumer Bankers Association today outlined commonsense reforms to reduce...
- April 13, 2021CBA Washington Forum to Feature Chief Regulators, Congressional Banking Leaders & Top Industry Experts Wednesday, April 14, 2021 | 12-4 PM ET WASHINGTON, DC – The Consumer Bankers Association will host its first-ever CBA Washington Forum, a virtual event to be held on Wednesday, April 14, 2021, offering a panoramic view of what’s to come from regulators and Capitol Hill in “the new Washington...
- April 12, 2021CBA, SBFE Small Business Data Highlights Stabilizing Effects of PPP, Short-Term Delinquency Trends WASHINGTON – The Consumer Bankers Association and Small Business Financial Exchange today released the Small Business Lending Trends analysis covering the fourth quarter of 2020. The analysis, which is released quarterly, examines key credit information for America’s small businesses and shows...
- April 8, 2021Supreme Court’s TCPA Decision “A Win for Consumers and Small Businesses” WASHINGTON – The U.S. Supreme Court delivered an important win for consumers and small businesses last week when it ruled 9-0 in Facebook v. Duguid to narrow the definition of an automatic telephone dialing system (ATDS) under the Telephone Consumer Protection Act (TCPA), protecting a bank’s ability to communicate with its...
- April 1, 2021Senators Cardin, Toomey, FDIC Chairman McWilliams Join Slate of Speakers for CBA’s Washington Forum Lineup also includes Rep. Ed Perlmutter (D-CO), Rep. Patrick McHenry (R-NC), OCC Acting Comptroller Paulson WASHINGTON – Consumer Bankers Association this week announced Senate Committee on Small Business & Entrepreneurship Chairman Ben Cardin (D-MD), Senate Banking Committee Ranking Member Pat...
- March 31, 2021CBA 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, 2021One 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...