Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • 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...
  • October 25, 2017
    The Consumer Bankers Association today sent a letter to Representatives Luke Messer (R-Ind.) and Emanuel Cleaver, II (D-Mo.) supporting their bipartisan Student Loan Disclosure Modernization Act (H.R. 4119). The legislation requires the Department of Education to streamline the “plain language” disclosure form and more clearly explain the costs and terms of federal student loans. The current...
  • October 24, 2017
    “This rule was ill-conceived, based on an incomplete study and did not fulfill the Bureau’s goal of protecting consumers.” WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement after the U.S. Senate passed a Congressional Review Act resolution overturning the Consumer Financial Protect Bureau’s (CFPB) arbitration rule: “The Senate acted to...
  • October 20, 2017
    Washington, D.C. – The Consumer Bankers Association (CBA) today submitted comments to the Office of the Comptroller of the Currency, Federal Reserve Board and Federal Deposit Insurance Corporation on proposed rulemaking to amend the Community Reinvestment Act (CRA). The proposal would require financial institutions to combine home equity lending data with home mortgage lending data when reporting...

Pages