Comment Letters

  • January 10, 2023
    Dear Director Chopra, For years banks have been on the front lines fighting fraud and continue to do so in response to increasingly prevalent and sophisticated financial scams across peer-to-peer (P2P) payment platforms. Banks continue to dedicate incredible resources on an annual basis, including billions of dollars each year, to keep consumers and their money safe. Some of these industry...
  • January 6, 2023
    Dear Director Seaborn: The Consumer Bankers Association (CBA) appreciates the opportunity to submit this letter in response to the U.S. Small Business Administration’s (SBA or Agency) request for comments on the SBA’s proposal to lift the moratorium on licensing new Small Business Lending Companies (SBLCs) and add a new type of entity called a Mission-Based SBLC (Proposed Rule). In the Proposed...
  • December 23, 2022
    Dear Administrator Guzman: The signatories on this letter are the leading organizations representing virtually all the lenders participating in the U.S. Small Business Administration (SBA) 7(a) loan program. We are writing to request that you withdraw the two Proposed Rules—the Affiliation and Lending Criteria for the SBA Business Loan Programs, 87 FR 64724 (“Affiliation Proposed Rule”), and the...
  • December 9, 2022
    Dear Chairwoman Waters and Ranking Member McHenry: The Consumer Bankers Association (CBA) submits the following comments for the hearing entitled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.” We appreciate the committee’s continued oversight of the Consumer Financial Protection Bureau (CFPB or Bureau) and its activities. CBA is the voice of the retail banking...
  • December 9, 2022
    Dear Chairwoman Waters and Ranking Member McHenry: The Consumer Bankers Association (CBA) submits the following comments for the hearing entitled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.” We appreciate the committee’s continued oversight of the Consumer Financial Protection Bureau (CFPB or Bureau) and its activities. CBA is the voice of the retail banking...
  • December 9, 2022
    Dear Chairman Brown and Ranking Member Toomey: The Consumer Bankers Association (CBA) submits the following comments for the hearing entitled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress.” We appreciate the committee’s continued oversight of the Consumer Financial Protection Bureau (CFPB or Bureau) and its activities. CBA is the voice of the retail banking industry...
  • December 7, 2022
    To Whom It May Concern: The American Bankers Association (ABA),1 the Consumer Bankers Association (CBA),2 and the Credit Union National Association (CUNA)3 appreciate the opportunity to submit comments to the Consumer Financial Protection Bureau (CFPB) in response to CFPB’s notice and request for additional comments regarding CFPB’s inquiry into big tech payment platforms.4 As we have previously...
  • December 2, 2022
    Dear Senator Cardin, Senator Paul, Representative Velázquez, and Representative Luetkemeyer: As the leading organizations representing virtually all of the thousands of lenders participating in the U.S. Small Business Administration (SBA) 7(a) loan program, we write to make you aware of our serious concerns regarding SBA’s recently released Proposed Rules: Affiliation and Lending Criteria for the...
  • November 21, 2022
    Dear Mr. Sheesley: We, the undersigned banking trade associations, appreciate the FDIC soliciting further public comment on amendments to its Guidelines of Material Supervisory Determinations (“Guidelines”).In response to the initial feedback collected after the FDIC Board voted to reconstitute the Supervision Review Appeals Committee (“SARC”), the FDIC is proposing to amend its Guidelines of...
  • October 13, 2022
    To whom it may concern, The undersigned Associations are submitting this letter to supplement comments submitted to the Federal Deposit Insurance Corporation on August 19, 2022 regarding the notice of proposed rulemaking to increase initial base deposit insurance assessment rates by 2 basis points until the Deposit Insurance Fund (DIF) achieves the FDIC’s long-term goal of achieving a Designated...

Pages