Consumer Bankers Association

House Hearing on CFPB Blasts Agency’s Structure and Claims Regulatory Overreach
House Hearing on CFPB Blasts Agency’s Structure and Claims Regulatory Overreach
March 26, 2025  |  CFPB

Critics of the Consumer Financial Protection Bureau (CFPB) said Wednesday (March 26) at a Capitol Hill hearing that the agency needs a restructuring, and has...

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CFPB Signals Rulemaking Push for Nonbank Personal Loans, Including BNPL
CFPB Signals Rulemaking Push for Nonbank Personal Loans, Including BNPL
January 09, 2025  |  CFPB

The Consumer Financial Protection Bureau has been busy — with the latest salvo of (possible) rulemaking looming for buy now, pay later (BNPL) loans, earned...

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Trade Associations Sue to Block CFPB Overdraft Rule
Trade Associations Sue to Block CFPB Overdraft Rule
December 12, 2024  |  CFPB

Four trade associations and three banks are pursuing legal action against the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft services, which was released...

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Consumer Bankers Association Aims to Reverse CFPB’s ‘Radical Pendulum Shift’
Consumer Bankers Association Aims to Reverse CFPB’s ‘Radical Pendulum Shift’
December 09, 2024  |  CFPB

The Consumer Bankers Association (CBA) said Monday (Dec. 9) that the incoming Trump administration and new Congress present opportunities to reverse the Consumer Financial Protection...

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CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints
CFPB to Investigate Credit Card Reward Programs Following Consumer Complaints
March 26, 2024  |  Loyalty & Rewards

The Consumer Financial Protection Bureau (CFPB) will reportedly take a closer look at credit card reward programs. This move follows an increase in the number of complaints...

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CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation
CFPB Draws Fire at Hill Hearing on ‘Politicized’ Financial Regulation
March 07, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) came under fire on Capitol Hill Thursday (March 7) from critics who charged that caps on credit card late...

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Debate Sharpens on Medical Payment Products as CFPB Seeks More Info
Debate Sharpens on Medical Payment Products as CFPB Seeks More Info
September 12, 2023  |  Healthcare

The debate over medical payment products — and, by extension, consumer choice — is sharpening between banks, innovators and regulators. To that end, the Bank...

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Two Banking Groups Call For Automatic PPP Loan Forgiveness
Two Banking Groups Call For Automatic PPP Loan Forgiveness
June 03, 2020  |  Loans

The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000....

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Bank Of America Can Now Accept Small Business Relief Applications
Bank Of America Can Now Accept Small Business Relief Applications
April 03, 2020  |  Coronavirus

Bank of America has reportedly become the first large bank to be able to take digital applications for the $350 billion small business loan program...

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