CBA Statement on House Passage of Tax Reform Legislation

November 16, 2017
Nick Simpson

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 to improve specific parts of the bill, we believe the House legislation’s pro-growth initiatives will help American families and businesses,” said CBA President and CEO Richard Hunt.

“We thank Speaker Paul Ryan, Ways and Means Committee Chairman Kevin Brady and House leadership for their commitment to our nation’s economic strength by passing comprehensive tax reform.”

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About the Consumer Bankers Association

The Consumer Bankers Association represents America’s retail banks above $10 billion in assets. We advance legislation and promote policies geared toward creating a stronger industry and economy. Established in 1919, CBA’s corporate member institutions account for 1.6 million jobs in America, extend roughly $3 trillion in consumer loans, and provide $270 billion in small business loans. Follow us on Twitter @consumerbankers.