Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • March 31, 2020
    CBA Statement on SBA Small Business Loan Stimulus Program *** “Banks are ready to do everything humanly possible to support U.S. small businesses and will continue working with SBA on ramping up a $20 billion annual program to nearly $350 billion in just a few months." *** Interested small businesses can learn more about participation in the Paycheck Protection Program here WASHINGTON – Consumer...
  • March 30, 2020
    Banks Working with Customers During COVID-19 Pandemic WASHINGTON, D.C. – The well-capitalized and well-regulated banking industry is deeply committed to serving customers, communities and small businesses facing economic hardships as a result of the coronavirus (COVID-19). Banks have already mobilized assistance programs and are eager to continue offering assistance as well as implement federal...
  • March 26, 2020
    CBA Statement on Bipartisan COVID-19 Stimulus Package WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after a bipartisan coronavirus stimulus package was released by Congressional and White House negotiators: “The nation’s leading banks are well-capitalized, well-positioned and already helping customers meet their financial needs during this...
  • March 26, 2020
    CBA: Consumers Need Small-Dollar Loans, Banks Need Clarity on Rules “Banks are ready, eager and already working with Americans and small-businesses. The flexibility regulators have given, combined with their statement today, will help banks more readily adapt to meet consumer demands.” WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after...
  • March 19, 2020
    CBA on COVID-19 CRA Consideration WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after Federal Reserve Board, Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency said the agencies would provide favorable Community Reinvestment Act consideration for certain retail banking services, retail lending and...
  • March 17, 2020
    CBA Writes Congressional Leadership on Small Business Assistance America’s small businesses need near-term relief to address COVID-19 challenges WASHINGTON, D.C. – The Consumer Bankers Association wrote Congressional leaders in support of additional measures, particularly through Small Business Administration programs, to assist small businesses facing economic hardships resulting from COVID-19...
  • March 13, 2020
    CBA Announces Support for Rubio, Cardin Small Business Legislation WASHINGTON, D.C. – The Consumer Bankers Association today wrote Senate Small Business Committee Chairman Marco Rubio (R-Fla.) and Ranking Member Ben Cardin (D-Md.) to express support for their legislation ensuring the Small Business Administration and its lending partners are able to provide access to capital during the...
  • March 11, 2020
    CBA Statement on White House Coronavirus Meeting with Bank Executives WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after attending the White House meeting with financial executives to discuss the coronavirus: “Banks have implemented emergency measures to assist impacted customers and small businesses and appreciate statements from...
  • March 10, 2020
    CBA Recommendations for CFPB Semi-Annual Report WASHINGTON – The Consumer Bankers Association wrote the Senate Banking, Housing and Urban Affairs Committee in advance of the Consumer Financial Protection Bureau’s Semi-Annual Report to Congress. CBA’s letter offers legislative and regulatory reforms to help ensure consumers continue to have access to highly regulated financial products. “Improving...
  • March 3, 2020
    CBA Statement on Supreme Court Oral Arguments A copy of CBA’s amicus brief is available here. WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after attending oral arguments at the U.S. Supreme Court in Seila Law LLC vs. Consumer Financial Protection Bureau: “For close to a decade the Bureau’s single-director structure has created regulatory...

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