Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • October 16, 2013
    Washington, D.C. (October 16, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, released the following statement after the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman released his annual report : “CBA and its members involved in the private student loan market remain committed to working with the CFPB to make the private student loan market...
  • September 25, 2013
    Washington, D.C. (September 25, 2013) – The Consumer Bankers Association (CBA) is pleased to announce its newly elected leadership for 2014, with Andy Harmening, Senior Executive Vice President and Regional Banking Group Head of Bank of the West, named as Chair of its Board of Directors. “For more than six years I’ve been an active board member of the CBA, which is well-regarded as the leading...
  • September 24, 2013
    Washington, D.C. (September 24, 2013) – Two years ago 13 major U.S. banks made a commitment to the American people to increase lending by $20 billion to small businesses by September 2014. Today—one year ahead of the deadline— data from those 13 banks shows their combined small business lending increased by $17 billion, already at 85 percent of the $20 billion goal. The Financial Services...
  • September 20, 2013
    Washington, D.C. (September 20, 2013) – Today Richard Hunt, President and CEO of the Consumer Bankers Association, released the following statement regarding the case of NACS v. Board of Governors of the Federal Reserve System in respect to debit interchange. District Court Judge Richard Leon issued an order yesterday, granting the parties’ request to stay his July 31, 2013 decision pending an...
  • September 16, 2013
    Washington, D.C. (September 16, 2013) – Richard Hunt, President & CEO of the Consumer Bankers Association, issued the following statement upon President Barack Obama’s remarks on the anniversary of the financial crisis: “Five years removed from the start of the financial crisis, the retail banking industry is stronger and sounder. Key indicators as published by the FDIC including the lowest...
  • September 5, 2013
    Washington, D.C. (September 5, 2013) – Richard Hunt, President & CEO of the Consumer Bankers Association, issued the following statement upon the announcement that students will have less options in student loan lending following the near government takeover of the student loan market: “This is a troubling trend for students and taxpayers, meaning even less competition in the marketplace...
  • September 4, 2013
    Washington, D.C. (September 4, 2013) – Richard Hunt, President/CEO of the Consumer Bankers Association, issued the following statement upon the announcement that Steven Antonakes has been officially named deputy director of the CFPB. Antonakes had been serving as the bureau’s acting deputy director: “CBA congratulates Steven Antonakes on being named the permanent deputy director of the CFPB. His...
  • August 28, 2013
    Washington, D.C. (August 28, 2013) – Richard Hunt, President/CEO of the Consumer Bankers Association, issued the following statement after the Fed, FDIC, OCC, FHFA, SEC, and HUD released a second inter-agency credit risk retention proposal implementing section 941 of the Dodd-Frank Act: “Today’s proposal aligning Qualified Residential Mortgages with the CFPB’s QM rule will help reduce the cost of...
  • August 21, 2013
    Washington, D.C. (August 21, 2013) – Today Richard Hunt, President and CEO of the Consumer Bankers Association, released the following statement after a hearing before U.S. District Court Judge Richard Leon in the matter of NACS v. Board of Governors of the Federal Reserve System: “The Fed’s decision to appeal Judge Leon’s ruling is welcome news for consumers. The Judge’s original decision left...
  • July 31, 2013
    Washington, D.C. (July 31, 2013) – "This new ruling will create even more chaos for consumers and small banks. Congress ought to save families from this uncertainty by repealing this government mandated price-fixing. We certainly hope retailers return to their free-market principles as they did when opposing the proposed government ban on big gulp sodas in New York." About CBA The Consumer...

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