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California Bankers Attend Annual Washington, D.C. Visit

Last week, June 10-12, more than a dozen California bank executives joined CBA President and CEO Rod Brown and CBA Executive Vice President and COO Maurine Padden for the association’s annual visit to the nation’s capital.

During the first evening of the D.C. visit, ABA executives Mike Hunter, the association’s chief operating officer, Paul Katz, EVP of state association alliances and Cecelia Calaby, SVP of the ABA’s Center for Securities, Trust & Investments, greeted the banker delegation and briefed the group on a number of key industry federal issues. During the two-day visit, the bankers met with a number of regulatory officials including an FDIC breakfast briefing hosted by Director Jeremiah Norton, where the bankers had an opportunity to advocate on Regulation WW and the liquidity coverage ratio. At the U.S. Treasury briefing, Clifton Kellogg and James Clark discussed their program, the state small business credit initiative, and Katheryn Rosen, deputy assistant secretary of financial institutions policy emphasized the cybersecurity measures that banks should be taking. The group also attended an OCC briefing with three officials, including Jennifer Kelly, who announced she has been promoted to national bank examiner. Her former role, senior deputy comptroller for midsize and community bank supervision, will be filled by Toney Bland, the current deputy comptroller for the northeastern district. Additionally, the group attended a briefing conducted by two officials from the Consumer Financial Protection Bureau: Priscilla Walton-Fein, senior counsel, Office of Regulations and Jeff Swartz, business and trade liaison with the Office of Financial Institutions.

The banker delegation also met with several members of California’s congressional delegation, as well as other influential members of the House Financial Services Committee. These legislative meetings were opportunities for bankers to discuss a number of significant industry issues including the credit unions’ attempt to increase their business lending authority, regulatory relief and GSE reform.

CBA wishes to thank all the following visit participants for taking the time to travel to Washington, D.C., and advocate for our industry on these very important issues: Dwight Alexander, Brian Brooks, Dan Doyle, Don Fracchia, Jim Holly, Don Johnson, Mike Kimball, Tad Lowrey, Rick Sanborn,  Rick Visser, Louise Walker, Lynn Wiley, Paul Woolway and Ken Yates.

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