2018 CSBS Fly-in
The annual CSBS legislative fly-in was packed with meetings between state regulators and their members of Congress and important discussions with leaders of the Federal Reserve, Treasury Department, and CFPB, plus White House staff.
Albert Forkner (WY), CSBS Board chair, extended a huge thanks to the 39 states that sent representatives to Washington for this important event and to the CSBS Board for their participation in the quarterly meeting.
Notable speakers included:
- Lael Brainard, governor, Federal Reserve Board
- Steve Mnuchin, secretary, U.S. Department of the Treasury
- Mick Mulvaney, director, Office of Management and Budget (OMB) and acting director, Consumer Financial Protection Bureau
- Rep. Jeb Hensarling (TX-05), chairman, U.S. House Committee on Financial Services
- Rep. Blaine Luetkemeyer (MO-03), chairman, U.S. House Subcommittee on Financial Institutions and Consumer Credit
- Senator Jon Tester (D-MT)
- Amy H. Swonger & Mary Elizabeth Taylor, assistants to the President of the United States
- Brian Brooks, EVP, general counsel, and corporate secretary, Fannie Mae
- Victoria Guida & Colin Wilhelm, POLITICO
CSBS’s Vision 2020 was woven through the events. Other prominent themes included:
- Pending public policy items, including S. 2155
- Federal Reserve policy
- Community banks
- Demographic trends in home ownership
- Multi-state money services licensing
- Disaster response
- Bank Service Company Act (BSCA) and third-party service providers
In his remarks on Tuesday, CFPB Acting Director Mick Mulvaney, also a former member of Congress, stressed the importance of regulators’ fly-in participation, saying that people from back home are first in line to see their congressional representative in Washington. On Wednesday, state regulators fanned out across Capitol Hill to meet with members of their congressional delegations.
Prior to those meetings, CSBS president and CEO John Ryan thanked each state regulator for traveling to Washington, saying, “The close personal relationships that state regulators build with their congressional delegations are vital to advancing the interests of the dual banking system in the U.S. and state officials’ ability to continue to protect local consumers and create environments that support local economies.”
See more photos from the week’s events below.