Richard's Rapid Fire

  • August 11, 2017
    Rumor Mill Churning: Will Cordray Run for Governor of Ohio? I cannot read my morning press clips, or anything from an Ohio news outlet for that matter, without seeing coverage of Richard Cordray’s speculated departure as head of the CFPB to run for Governor of Ohio. One thing is for certain – his days atop the agency are numbered. His term expires in 2018, and President Trump will have an...
  • August 4, 2017
    CBA Executive Banking School Class of 2017, Top Student Honored The future of retail banking looks bright with CBA Executive Banking School’s Class of 2017 carrying the torch, and I am proud to congratulate our graduates on their accomplishments. Our school is devoted to the idea that a successful banker is one who understands how to operate a bank from the ground up. After three years of...
  • July 28, 2017
    CBA Executive Banking School is in Full Swing CBA’s 66th session of Executive Banking School is off and running! This week, nearly 300 students joined us at Furman University in Greenville, S.C. to hone their retail banking skills. Thank you to Dennis Devine , CBA Board Member and Co-President of Key Community Bank, Kelly King , President and CEO of BB&T Bank, and our distinguished faculty...
  • July 21, 2017
    CBA Executive Banking School Starts Monday Nearly 300 students representing 43 banks and credit unions from across the country will meet at Furman University in Greenville, S.C. for CBA’s 66 th year of Banking School this weekend. At the end of our summer program, we expect to graduate 98 bankers, including this year’s Tem Wooldridge Award winner. Each year, this award recognizes the top...
  • July 14, 2017
    CBA Working to Overturn CFPB’s Arbitration Rule This week, I appeared on " Nightly Business Report " to debate Rohit Chopra, former assistant director at the CFPB, over the CFPB’s “Washington Knows Best” arbitration rule. As I mentioned to hosts Tyler Mathisen and Sue Herera, the CFPB’s arbitration rule is a raw deal for consumers. Arbitration has long provided a faster, better, and more cost-...
  • June 30, 2017
    Membership Spotlight: CBA Board Member Michael Cleary Named Co-President at Santander Bank A hearty congratulations to CBA Board Member Michael Cleary on being named co-president of Santander Bank, whose experience and expertise are invaluable to our organization. We wish Michael the best in expanded leadership role at the bank. Dodd-Frank Reforms Pass House Subcommittee Passing by voice vote,...
  • June 23, 2017
    Calling for Coordination and a Commission: CBA Takes the Hill Several prominent regulators joined the Senate Banking Committee this week to discuss economic growth and the regulatory environment. Ahead of the hearing, our legislative experts sent a letter to the committee’s Democratic and Republican leadership calling for several reforms, including improving coordination between the regulatory...
  • June 16, 2017
    CBA Board of Directors Takes The White House We always appreciate the opportunity to host our Board of Directors at CBA World Headquarters. As Washington debates Dodd-Frank reform, we were glad to visit with senior officials at the White House and OCC Acting Comptroller Keith Noreika to discuss pressing issues facing the banking industry and consumers. Additionally, two new members were elected...
  • June 9, 2017
    Before going into the events in banking and politics this week, I would like to recognize the retirement of two very special people. This month, Mary Navarro of Huntington Bank and Paul Olivier of Frost Bank are retiring. Mary served in the banking industry for 42 years and was named by the American Banker as one of the Most Powerful Women in Banking. She has been a CBA Board member for 13 years...
  • June 2, 2017
    This week's guest author is Steve Zeisel, CBA’s EVP and General Counsel. CHOICE Act Headed to House Floor for a Vote If all goes as expected, the Financial CHOICE Act will head to the House floor for a vote next week. Per press accounts, an amendment will be offered to strip language repealing the Durbin Amendment, which instituted a government sanctioned price control on bank interchange fees...

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