Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • February 6, 2019
    CBA Statement on Bureau Small-Dollar Rule WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the Consumer Financial Protection Bureau released proposed rules reconsidering provisions of the “Payday, Vehicle Title and Certain High-Cost Installment Loans” rule as well as the rule’s implementation date: “We appreciate the CFPB’s...
  • February 6, 2019
    CBA Statement on Passing of John F. Stewart WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the passing of former CBA Board Chair and Flushing Financial Corporation Executive Management team member John F. Stewart: “John was an inspiring leader who left a lasting impression on everyone fortunate enough to have met him. During his tenure...
  • January 28, 2019
    CBA Supports Bicameral Student Loan Transparency Legislation Commends sponsors for requiring same increased disclosure on federal student loans already on private student loans WASHINGTON – The Consumer Bankers Association today wrote Senator Mike Enzi (R-Wyo.) and Congressman John Curtis (R-Utah) to support their Transparency in Student Lending Act. The bicameral legislation was introduced today...
  • January 24, 2019
    CBA Submits Comments on Small-Dollar Lending “A tremendous amount of attention has been rightfully given to the hardships furloughed federal employees are facing and banks have stepped up to the plate. But, for millions of Americans, the need for short-term assistance to meet emergency expenses existed before the shutdown and will exist after the government reopens.” WASHINGTON – The Consumer...
  • January 22, 2019
    CBA Writes Congressional Leaders, President on SBA Loan Programs “In order to help mitigate the economic ripple effects of the government shutdown, CBA requests that all options be explored to reopen the SBA’s 7(a) and 504 loan programs.” WASHINGTON – The Consumer Bankers Association today wrote Congressional leaders and President Donald Trump requesting “all options be explored to reopen” the...
  • January 16, 2019
    Banks Offering Shutdown Assistance: CBA member institutions work with customers facing hardships – whether manmade or natural – every day. Banks are working with customers on a one-on-one basis as the partial government shutdown continues and federal employees, through no fault of their own, miss paychecks and small businesses are not able to access Small Business Administration loans. We know...
  • January 11, 2019
    CBA Writes Prudentials on Shutdown Assistance Programs for Customers CBA outlines assistance programs, Thanks agencies for regulatory guidance WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt today wrote prudential regulators outlining the assistance programs banks are proactively offering customers impacted by the partial government shutdown. The letter also thanked...
  • December 21, 2018
    CBA Statement on Otting Selection as Acting FHFA Director WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after President Trump announced Comptroller of the Currency Joseph Otting would serve as acting Federal Housing Finance Agency director until Mark Calabria is confirmed by the Senate: “Comptroller Otting is an excellent choice to serve...
  • December 18, 2018
    CBA Writes Regulators on Fintech Deposit Account Consumer Protections WASHINGTON – The Consumer Bankers Association this morning wrote the Federal Deposit Insurance Corporation, Federal Reserve Board, Federal Trade Commission, Office of the Comptroller of the Currency, and Securities and Exchange Commission encouraging the regulatory agencies to help ensure consumers know the differences in...
  • December 17, 2018
    CBA Statement on Uninsured Account Offerings WASHINGTON: Consumer Bankers Association President and CEO Richard Hunt issued the following statement regarding the emergence of fintechs comparing high-interest investment accounts to checking accounts: “CBA and our members welcome competition as long as it is on a level playing field, especially when it comes to consumer protections. Well-regulated...

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