ADVISORY: CBA Fraud Management Committee Chair Patrick McDade to Testify Before U.S. House Financial Services Committee

WASHINGTON, D.C. – The Consumer Bankers Association (CBA) today announced Fraud Management Committee Chair Patrick McDade will testify before the U.S. House Financial Services Committee on Thursday, March 5. McDade is also Senior Vice President, Fraud Risk and Technology Risk Management, Head of Internal Investigations at EverBank. Additional details are below.

WHO: CBA Fraud Management Committee Chair Patrick McDade

WHAT: U.S. House Financial Services Financial Institutions Subcommittee hearing entitled, “Fighting Fraud on the Front Lines: Challenges and Opportunities for Financial Institutions”

WHEN: Thursday, March 5, at 10 a.m.

WHERE: 2128 Rayburn House Office Building

               45 Independence Ave SW

               Washington, D.C. 20515

TUNE IN: Press will be able to attend the hearing in-person or watch via livestream HERE.

About CBA’s Fraud Management Committee

The Fraud Management Committee focuses on industry education, legislative and regulatory issues, and information sharing for consumer fraud issues within banks. The Committee is committed to taking a leadership role in providing members with an appropriate open forum to discuss best practices, emerging trends, offer networking opportunities and provide advocacy in the federal legislative and regulatory environment.

The Fraud Management Committee is one of CBA’s 15 standing committees, which are the backbone of CBA. Totaling more than 600 bankers, including top executives, these members are experts in their specific product or line of business at their financial institutions. Serving as the association’s “ambassadors,” committee participants are not only well versed on issues, but also well-connected within the industry and among peers.

CBA Advocacy

• To read a CBA comment letter sent in response to a joint request for information issued by the Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation regarding potential actions to address payments fraud, click HERE.  
• To read a summary of the cross-industry convening CBA hosted in July 2024 on combatting fraud and scams, click HERE. 
• To read the white paper that CBA commissioned in 2024 on combatting fraud and scams, click HERE. 
• To read a recent op-ed from CBA Vice President, Associate General Counsel Brian Fritzsche published in Open Banker calling for a coordinated, national response to protect consumers from increasingly sophisticated financial fraud and scams, click HERE.  
• To read an April 2025 op-ed in The Hill from CBA President and CEO Lindsey Johnson calling for lawmakers to support a whole-of-government approach to combat fraud and scams, click HERE.