CBA Statement on the Historic 2024 Election Results

America’s retail banks stand ready to work with the incoming Administration on behalf of consumers and the broader economy

 Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement congratulating President-elect Donald J. Trump on his win:

“On behalf of America’s retail banks, we congratulate President-elect Trump on his historic win. We are grateful for our country’s democratic system and the peaceful transition of power. 

“CBA looks forward to working with the new Administration to ensure American consumers and the broader economy benefit from a marketplace that is highly competitive and well-regulated while ensuring that Washington’s burdensome and costly rules no longer threaten to debank Americans by reducing access to the banking services they rely on to make ends meet and to finance their own American dreams.”

Background

The CBA’s “Vision for America – A Bank Policy Agenda for All” outlines the retail banking industry’s priorities, beliefs, and positions on a number of consumer-focused financial services policy issues. The policy agenda, which is accompanied by a website and video, is intended to serve as a roadmap for policymakers who recognize the valuable role banks – and their nearly two million employees across the country – play for consumers and the broader economy. 

About the Vision for America – A Bank Policy Agenda for All

Americans rely on banks to meet their everyday financial needs and help them navigate life’s biggest moments. From checking accounts and credit cards to mortgages and small business loans, banks put Americans first. 

CBA looks forward to working with the Administration on behalf of the American consumer and the economy overall—to ensure consumers have competitive access to well-regulated financial services and to maintain a financial system that drives the economy forward and is the most competitive in the world.  

CBA’s Vision for America is that: 

• All Americans should have access to financial services, so that consumers can choose products that best meet their unique needs;
• All Americans should have a healthy financial foundation, including opportunity for growth, financial resilience, and safety; and
• All Americans benefit from a highly competitive and well-regulated financial services industry, where banks and non-banks compete equally.

To read the full Vision for America – A Bank Policy Agenda for All, click HERE. To learn more, visit OurVisionForAmerica.com.