Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • November 28, 2017
    WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after U.S. District Court Judge Timothy J. Kelly ruled against Leandra English in her motion for a temporary restraining order against Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau: “We look forward to working with Acting CFPB Director Mick Mulvaney to...
  • November 25, 2017
    Consumer Bankers Association President and CEO Richard Hunt released the following statement after Richard Cordray resigned as Director of the Consumer Financial Protection Bureau (CFPB) with no clear succession plan for CFPB leadership in place: "The CFPB's current governing structure is a dictatorship, period. It is not a sensible nor sustainable approach to leadership. Conflicting attempts to...
  • November 24, 2017
    Washington, D.C. – The Consumer Bankers Association (CBA), along with four other trades, today urged the Consumer Financial Protection Bureau (CFPB) to alter the way the agency reports loan-level HMDA data to prevent the public release of individual consumers’ HMDA data and unnecessary exposure to increased privacy risks, identity theft and fraud. In order to protect consumers from harm, the...
  • November 16, 2017
    WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the U.S. Senate confirmed Joseph Otting to head the Office of the Comptroller of the Currency: “We congratulate Joseph Otting on his confirmation by the U.S. Senate as the 31 st Comptroller of the Currency. CBA looks forward to working with Mr. Otting to coordinate regulations...
  • November 16, 2017
    WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the U.S. House of Representatives passed its version of the Tax Cuts and Jobs Act: “Congress has a once-in-a-generation opportunity to enact meaningful tax reform and CBA looks forward to remaining fully engaged in the process. While CBA continues working with Members of Congress...
  • November 16, 2017
    WASHINGTON, D.C . – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the U.S. Senate Committee on Finance passed its version of the Tax Cuts and Jobs Act: “Helping American families and enabling businesses to drive our economic growth should be top priorities for any tax reform proposal. Provisions in the Senate Finance Committee’s legislation...
  • November 15, 2017
    Washington, D.C. – Consumer Bankers Association (CBA) President and CEO Richard Hunt said policymakers should use Consumer Financial Protection Bureau Director Richard Cordray’s announcement to step down as an opportunity to restructure the Bureau with a Commission, similar to almost every other regulatory body in the country. “I thoroughly appreciate Director Cordray’s willingness to serve as...
  • November 13, 2017
    WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after the Senate Finance Committee released its tax reform proposal: “The Administration and Congress’ commitment to pro-growth tax reform is a positive step for small-businesses, consumers and our economy. However, the elimination of certain deductions like FDIC Deposit Insurance premiums,...
  • November 13, 2017
    WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the Senate Banking Committee announced an agreement on bipartisan financial regulatory reform legislation: “We appreciate the Senate’s bipartisan effort to enact regulatory reform which helps banks better serve American consumers and small businesses. The agreement makes some meaningful...
  • November 1, 2017
    WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement on President Trump’s signing of a Congressional Review Act resolution to repeal the Consumer Financial Protection Bureau’s (CFPB) arbitration rule: “The CFPB’s rule was never about protecting consumers; rather, it was about protecting trial lawyers and their wallets. The Bureau’s own study...

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