CBA President and CEO Rodney Brown discusses CBA-sponsored bill AB 2693 that seeks to make important changes to property assessed clean energy (PACE) financing, which ignores longstanding lending principles and fails to make important disclosures to borrowers.
CBA President and CEO Rodney Brown discusses the fifth anniversary of the Dodd-Frank Act in the Orange County Register and two legislative fixes currently being considered that make several common-sense changes to the law.
CBA President and CEO Rodney Brown responded to the Sacramento Bee editorial “Banks collect a debt, as Congress raises money” in a letter to the editor, noting that swaps are a necessary tool for banks.
CBA President and CEO Rodney Brown rebutted FDIC Chairman Thomas Hoenig’s comments in a Los Angeles Timesletter to the editor, published Sunday. Brown noted that “it’s the banking industry that bears all financial costs of supporting the FDIC, paying more than $12 billion each year to assure adequate funding.”
CBA President and CEO Rodney Brown discusses the work yet to be done by Congress, including action on CBA-supported legislation affecting qualified mortgages, and the credit union federal tax exemption, in the Contra Costa Times.
Click hereto read the column in the Sacramento Bee discussing the California Bankers Association’s sponsored bill, Senate Bill 339, which would provide tax relief to Californians who were given principal reductions in 2013.
The CBA recently joined the ABA and state bankers associations as signatories on a letter urging President Obama to nominate a community banker to serve on the Federal Reserve Board, which currently has multiple vacancies. The letter stresses the vital role community banks play in both their local economies and the overall national economy, and the key role the Federal Reserve plays in promoting the strength and vitality of community banks.