Press & Media Statements

Working closely with the Federal and State Government Affairs Departments, AFSA's Communications Department responds to and proactively works with news outlets seeking to cover the consumer credit industry. 

AFSA is pleased to assist the media with interviews, quotes, background information and story development regarding any of the business lines the association represents. Media inquiries can be directed to:

Jack Ferry      Dan Bucherer 
Vice President, Communications     Manager, Communications
+1 (202) 776-7308      +1 (202) 466-8613

CFPB Issues Rule That Harms Consumers, Favors Attorneys July 10, 2017

“We are disappointed that the Bureau has decided to move forward with a final rule,” said Bill Himpler, executive vice president with AFSA. “The Bureau has ignored its mandate under the Dodd-Frank Wall Street Reform and Consumer Protection Act to limit arbitration only if such a prohibition is in the public interest and for the protection of consumers.”

AFSA's Himpler Testifies Before Congressional Committee April 06, 2017

WASHINGTON, D.C., (April 6, 2017) - Today, American Financial Services Association (AFSA) Executive Vice President Bill Himpler testified before the House Financial Services subcommittee on Financial Institutions and Consumer Credit in a session entitled Examination of the Federal Financial Regulatory System and Opportunities for Reform. Himpler addressed the Consumer Financial Protection Bureau’s (CFPB) regulatory overreach of the state-regulated consumer credit industry and the need for Congress to reform the bureau’s practices, approve its budget, and amend its structure.

AFSA Submits Blueprint for Regulatory Reforms to Trump Administration March 31, 2017

WASHINGTON, D.C., (March 31, 2017) - The American Financial Services Association (AFSA) has submitted a list of regulatory reforms to the Trump Administration that would provide relief to its members operating in the consumer credit industry and ultimately benefit customers and communities across the United States.

AFSA Supports Reform of CFPB’s Unchecked Power March 20, 2017

WASHINGTON, D.C., (March 20, 2017) - The American Financial Services Association (AFSA) supports reform of the Consumer Financial Protection Bureau’s (CFPB) single-director structure and believes its annual budget should be appropriated by Congress.

New South Dakota Law Clears up All-In Rate Cap Confusion March 20, 2017

PIERRE, S.D., (March 20, 2017) - The American Financial Services Association (AFSA) applauds the South Dakota legislature and Governor Dennis Daugaard for its unanimous passage in both houses this month of HB 1090 which brings clarity for consumers and financial institutions following the recently-enacted all-in rate cap in Initiated Measure 21.

AFSA Brings on Carmichael as VP Congressional Affairs February 28, 2017

WASHINGTON, D.C., (February 28, 2017) - The American Financial Services Association (AFSA) is pleased to announce the hiring of Ann Carmichael as its new Vice President of Congressional Affairs. In this newly-created position, Carmichael will develop and deliver to lawmakers and policymakers AFSA’s message of protecting access to safe, responsible consumer credit.

Conference to Challenge Perceptions – “Are We There Yet?” January 17, 2017

WASHINGTON, D.C. (January 17, 2017) - The American Financial Services Association (AFSA) hosts its 21st annual Vehicle Finance Conference and Expo next week at the Sheraton New Orleans, on January 24-26. One of the first events of the year for the vehicle finance industry, the conference has become the premier event for the auto finance industry. This year's conference theme asks the provocative question, “Are we there yet?”