Media Releases

Press Contact

Bobby Grant
bgrant@consumerbankers.com
202-552-6365
  • July 25, 2017
    Trial attorneys receive over $1 million on average per class action lawsuit; average consumer receives $32 in cash recoveries Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement following House passage of a resolution overturning the Consumer Financial Protection Bureau’s (CFPB) arbitration rule. “Today’s House vote is a...
  • July 20, 2017
    Senator Mike Crapo (R-ID) and Congressman Keith Rothfus (R-PA) introduce resolutions overturning CFPB’s Arbitration Rule Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to the introduction of Senate and House resolutions under the Congressional Review Act to overturn the CFPB’s arbitration rule by Senate...
  • July 14, 2017
    Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to the House Appropriations Committee’s passage of the Fiscal Year (FY) 2018 Financial Services and General Government Appropriations bill. “We applaud the committee’s passage of several initiatives reforming the CFPB, including addressing the Bureau’s...
  • July 10, 2017
    The average consumer receives $5,400 in cash relief when using arbitration; $32 through a class action suit Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to the issuance of the Consumer Financial Protection Bureau’s (CFPB) final arbitration rule. “Arbitration has long provided a faster, better, and more...
  • June 13, 2017
    Washington, D.C. (June 12, 2017) – Consumer Bankers Association (CBA) President and CEO Richard Hunt today issued the following statement in response to the U.S. Department of Treasury’s first report on Core Principles of Financial Regulation. “The Treasury Department’s report is an important first step in recognizing how a duplicative and onerous regulatory environment harms banks, the economy,...
  • June 8, 2017
    Washington, D.C. (June 8, 2017) – Consumer Bankers Association (CBA) President and CEO Richard Hunt today issued the following statement in response to the House of Representatives’ vote on the Financial CHOICE Act, H.R. 10, which passed 233-186. “ We appreciate the House of Representatives’ effort to provide regulatory reform via the Financial CHOICE Act and thank House Financial Services...
  • May 22, 2017
    Washington, D.C. (May 22, 2017) – Fifty-eight percent of registered voters in key battleground states say the Consumer Financial Protection Bureau (CFPB) should be run by a bipartisan commission, according to a Morning Consult poll commissioned by the Consumer Bankers Association (CBA), the Independent Community Bankers of America (ICBA), and the American Land Title Association (ALTA). The poll,...
  • May 5, 2017
    Washington, D.C.– The Consumer Bankers Association (CBA) today released the following statement commending Representatives Randy Hultgren (R-IL) and Andy Barr (R-KY) for introducing the Homeowners Information Privacy Protection Act , H.R. 2204. This legislation would require the Government Accountability Office (GAO) to study the privacy risks associated with CFPB’s final Home Mortgage Disclosure...
  • May 4, 2017
    Washington, D.C. – Consumer Bankers Association (CBA) President and CEO Richard Hunt issued the following statement today in response to the House Financial Services Committee’s passage of the Financial CHOICE Act 2.0 by a vote of 34 to 26. “ Since Dodd-Frank’s passage, banks have been working diligently to comply with the sometimes onerous and duplicative requests of regulators,” says CBA...
  • May 2, 2017
    Washington, D.C. (May 2, 2017) – Richard Hunt, president and CEO of the Consumer Bankers Association (CBA), today issued a statement following the announcement from Independent Community Bankers of America (ICBA) president and CEO Cam Fine that he is retiring. “For nearly 15 years, Cam provided ICBA with strong, effective and passionate leadership. Thanks to our conversations about the banking...

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