Consumer Bankers Association CEO Hunt on Dodd-Frank and the CFPB

Richard Hunt discusses bipartisan support for changes to Dodd-Frank, focusing on community bank relief and the SIFI designation. He critiques the lack of activities-based regulation and addresses the impact on rural and urban communities. Hunt refutes claims that big banks favor a one-size-fits-all approach and responds to progressive concerns about a Dodd-Frank rollback. He emphasizes the need for changes to the CFPB's leadership structure and concludes with a personal note.

What is the main change to Dodd-Frank that Richard Hunt discusses?

How does Richard Hunt describe the relief provided to community banks?

What concerns do large financial institutions have regarding the proposed changes?

What does Richard Hunt say about the impact of the changes on smaller banks?

What is Richard Hunt's opinion on the regulatory costs for smaller banks compared to larger banks?

How does Richard Hunt respond to concerns about the potential rollback of Dodd-Frank?

What changes does Richard Hunt suggest are necessary for the CFPB?