ICYMI: CBA President and CEO Lindsey Johnson Sits Down with Senate Banking Committee Chair Tim Scott to Discuss Importance of Economic Opportunity, Shared Priorities

WASHINGTON, D.C. – As Black History Month comes to a close, Consumer Bankers Association (CBA) President and CEO Lindsey Johnson sat down with U.S. Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott (R-S.C.) this week to discuss shared priorities between the committee and America’s leading Main Street Banks, such as promoting economic opportunity, encouraging financial literacy, increasing affordability, and other policies that benefit all Americans.

What They’re Saying

Key excerpts from Chairman Scott’s conversation with Johnson are below.

On promoting economic opportunity and financial literacy:

• “Having a society that's financially literate is a really important part of the equation, so I work every day to make sure that people have (A) the motivation and the inspiration and (B) the access to opportunities […] I think the nation benefits when we're all doing our part.”

On the importance of economic opportunity and supporting small business owners:

• “We need to make it easier for people to see capital form in their communities, whether it’s going to a bank to get credit, or going to the local community to find investors.”

On his outlook for the future and America’s potential:

• “We’re forging a path that I think everyone can lean into […] that allows the average person to look to America as that city on the hill […] the world gets better because America leads.”

Dive Deeper

To watch clips from Chairman Scott and Johnson’s conversation, click HERE, HERE, and HERE.