Media Releases

Press Contact

Bobby Grant
bgrant@consumerbankers.com
202-552-6365
  • June 18, 2015
    Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) Student Loan Ombudsman report: “Strong underwriting standards and ensuring loans are supported by an ability to repay at origination and during repayment—often through the strength of cosigners—are the...
  • June 17, 2015
    Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to today’s news from CFPB Director, Richard Cordray, that the Bureau will delay the effective date of the CFPB’s TILA-RESPA Integrated Disclosure (TRID) regulation: “The Director’s decision to delay the effective date of TRID will help the industry as it...
  • June 15, 2015
    By Richard Hunt, Frank Keating, Jim Nussle, Tim Pawlenty, Camden R. Fine, B. Dan Berger and Jim Aramanda When consumer expectations don’t match reality, things can go terribly wrong. Americans expect companies with which they do business to protect their sensitive personal and financial data. Yet, the reality is American consumers are under constant threat of identity theft and fraud due to lax...
  • June 10, 2015
    Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement after MeasureOne released “The Private Student Loan Report – Q1 2015.” The report is an update to previously released comprehensive studies of the private student loan market and reveals continued positive performance trends. “Today’s MeasureOne report once again shows...
  • June 3, 2015
    Washington, D.C. – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to today’s news from CFPB Director, Richard Cordray, that the Bureau’s enforcement will be sensitive to those mortgage lenders seeking to comply in good faith with the CFPB’s TILA-RESPA Integrated Disclosure (TRID) regulation: “As the industry approaches the...
  • May 22, 2015
    Washington, D.C. (May 22, 2015) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to today’s Congressional letters to the Director of the CFPB, Richard Cordray, requesting a grace period for those seeking to comply in good faith with the CFPB’s TILA-RESPA Integrated Disclosure (TRID) regulation: “We are pleased Congress...
  • May 15, 2015
    Washington, D.C. (May 15, 2015) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement in response to the Department of Education’s new proposed regulations on college campus financial products. “Though today’s proposal seems to have improved from its original form, what is being veiled as pro-consumer reform is far from it and based on little...
  • May 14, 2015
    Washington, D.C. (May 14, 2015) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement in response to today’s House Financial Services Committee’s hearing entitled “Protecting Consumers: Financial Data Security in the Age of Computer Hackers.” “In light of the alarming number of cyber threats, we believe it is time for Congress to advance...
  • May 12, 2015
    Washington, D.C. (May 12, 2015) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement in response to the release of the discussion draft of “The Financial Regulatory Improvement Act of 2015,” sponsored by Chairman Richard Shelby (R-Ala): “Chairman Shelby’s discussion draft appropriately addresses the repercussions of the ‘one-size-fits-all’...
  • May 12, 2015
    Washington, D.C. (May 12, 2015) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), issued the following statement in response to a 2015 Pew report entitled, “Checks and Balances.” “Consumer choice is paramount in our industry, and CBA believes customers should be able to decide how best to meet their short-term funding needs. As Pew highlights in its 2015 report, 100% of...

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