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Judicial Watch • CFPB Full Response 6162011

CFPB Full Response 6162011

CFPB Full Response 6162011

Page 1: CFPB Full Response 6162011

Category:General

Number of Pages:155

Date Created:May 23, 2011

Date Uploaded to the Library:February 20, 2014

Tags:Bankers, Consumer, elizabeth, protection, bureau, Community, Department of the Treasury, warren, cfpb, Attorney, treasury, president, ATF, Obama, White House, DOJ, committee, david, Supreme Court, Washington, EPA, IRS, ICE, CIA, financial


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DEPARTMENT THE TREASURY 
WASH1r GTON1 20'20 

May 23, 2011 
Re: FOIA Request 2011-03-070 
Judicial Watch 1TN: Ms. Lisette Garcia 
425 Third St., SW, Suite 800 Washington, 20024 
Dear Ms. Garcia: behalf the Consumer Financial Protection Bureau (CFPB), write response the above-referenced Freedom Information Act (FOIA) request, dated March 22, 2011, which you seek communications between the CFPB and others. 
Attached this lener. please find the CFPB's response, which consists 154 total pages including 101 pages released full, pages released part, and pages withheld full. Portions these records are redacted pursuant U.S.C.  552 (b)(5) and (b)(6). Exemption pertains inter-or .intra-agency communications and Exemption concerns records information the release which would constitute clearly unwarranted invasion persona] privacy. 
You may appeal any the responses decisions set forth above. you choose file such appeal, you must within days from the date this letter. Your appeal must writing, signed you and should addressed to: 
Freedom Information Appeal, 
Assistant Direct.or, Disclosure Services 
Disclosure Services 
Department the Treasury 
1500 Pennsylvania Avenue, 
Washington, D.C. 20220 you have questions regarding this response, you may contact the CFPB FOIA office 1-855444-FOIA (3642) CFPB_FOIA@treasury.gov. adequately respond your questions, pl.ease reference the FOlA number listed above. 

Consumer Financial Protection Bureau 

Sensitive and predecisional Morgan Chase Home Finance Site Visit
	Thursday, October 14; 1:30  3:30pm
	
3415 Vision Drive, Columbus, 
PURPOSE 
You will visit the Morgan Chase Home Finance Center Columbus, Ohio learn more about their mortgage operations, and customer service call center and inquiry process. You will meet briefly with David Schneider, Steve Stein, and Dave Lucchino (bios below) before setting off tour the facility. 
SEQUENCE EVENTS 
Tour operations, including Homeownership Preservation Office (HPO), Collections, Underwriting, Short Sales, and Call Center 	
Modification process and performance 
Customer inquiry processes, escalations, and third-party relationship management 

MEETING PARTICIPANTS 
	 David Schneider Servicing Default Executive Chase's Home Lending business and responsible for servicing mortgage and home equity loans well overseeing the default organization.  One his primary areas focus implementing the government's Making Home Affordable Plan and other programs keep distressed customers their homes. also works with community leaders and government officials key initiatives enhance efforts help homeowners and improve the housing market. 
	 Steve Stein leads the Homeownership Preservation Partnerships team for Chase's Home Lending division. oversees number key initiatives, including regional Chase Homeownership Centers located states across the country, where trained advisors meet directly with struggling borrowers and non-profit organizations find solutions that will keep more borrowers their homes.  His responsibilities also include Chase's program help stabilize communities donating selling REO homes depressed neighborhoods community groups through non-profit government agencies. leads the team dedicated third-party relationship management 

Sensitive and predecisional
	
that includes Treasury, Fannie Mae, Freddie Mac, FHA, HUD along with state 
and local governments. 
	 Dave Lucchino leads Servicing for Chase's Home Lending division, responsible for developing and executing Chase's efforts provide timely and accurate information homeowners, investors and business partners.  Dave leads the initiatives related fees, billing, payment processing, escrow account administration, investor reporting and problem resolution. also oversees all borrower inquiries requiring escalated attention, and banker services, which responds inquiries from other financial institutions. 
	 Dan Cooney General Counsel the Retail Financial Services Department 
	 Naomi Camper Chases Head Federal Government Relations and Public Policy 
CFPB Team 
 Leandra English, Outreach
	 Raj Date, Policy
	
PRESS 
This visit will off-the-record and closed press 

BRIEFING MEMO
	Call-time State Community Bank heads
	
Date  Friday January 7th, 2011  
YOUR Time  4pm-5pm  
Location  YOUR Office Main Treasury, Rm. 2316  
Staff Contact  Elizabeth Vale  610.291.8967  

PURPOSE 
Telephone calls with four state community bank CEOs Alabama, Wisconsin, Iowa, and Kansas. Together, they represent 900 community banks. You will meet all four these CEOs Monday 1:15pm when you, Steve Antonakes, and Elizabeth Vale spend fifteen minutes the ICBA where they have internal communications training session. 
PARTICIPANTS 
 YOU 
 Elizabeth Vale 
 Leandra English 
CALLS  4pm EST Scott Latham, President and CEO, Community Bankers Alabama Contact: 334-244-9456, slatham@cbaaonline.com 
Scott joined CBAA its chief executive January 1997. former commercial banker Montgomery, brought eleven years banking experience the association. holds MBA from Auburn University and degree from The Graduate School Banking the South Louisiana State University. 
The Community Bankers Alabama (CBAA) was founded 1986 and provides exclusive representation Alabamas locally owned banks. CBAA
	

represents 120 banks consisting large majority eligible members. CBAA the largest banking trade association the state and provides services its members through its governmental affairs, professional development, networking and services divisions. 4:15pm EST Daryll Lund, President and CEO, Community Bankers Wisconsin Contact: 608-220-9406, daryll@communitybankers.org 

the CFPB/CSBS partnership and how they can work collaboratively together address common goals. 
Daryll has been this role since 1995 and responsible for member and public relations, overseeing government relations state and federal banking issues, well the day-to-day operations the association. CBW represents the interests over 200 community banks Wisconsin doing business over 900 offices statewide. actively involved federal banking and other policy issues and has served Chairman the Council Community Bankers Associations which represents the interests state banking trade associations. addition, Lund has served the Board Directors for the ICBA. Lund has also served various ICBA committees including the Federal Legislative Committee, Agriculture-Rural America Committee, ICBPAC Committee, Payments Technology and the ICBA Services Network Board Directors. strong believer the importance community banks and their contributions Wisconsin and our nations economy. 
Prior coming the CBW, served the President/CEO the Wisconsin Agribusiness Council, statewide trade association representing agribusiness
	

firms. Other work experience includes serving the Associate Director Government Relations for the Wisconsin Bankers Association. received his Bachelors degree from UW-Madison and Masters Agricultural Industries from UW-Platteville where also served Lecturer Agricultural Economics. 4:30pm EST Donald Hole, EVP and CEO, Community Bankers Iowa Contact: 515-453-1496, dhole@cbiaonline.org 
Don based West Des Moines and joined Community Bankers Iowa March 1998, continuing year career banking. Having worked for independent banks manager branch administration, retail management, sales and marketing, well stint with Norwest (by acquisition), Don has undergraduate degree Business and Journalism from Central Michigan University and Master Business Administration from Michigan State University. has been instructor for AIB, and taught various community colleges. Don has never met you but looks forward this introduction. 
The Community Bankers Iowa was established 1971 and comprised 

Their banks have generally come through the crisis good shape since they are
	involved agriculture which has held well, and since there has been almost
	speculative development. There bank which has been taken over the FDIC 4:45PM EST Shawn Mitchell, President and CEO, Community Bankers Association Kansas Contact: 785-271-1404
	

Shawn based Topeka, Kansas, and responsible for banker education, state and federal advocacy, membership retention and growth, office staff management and the financial performance the organization whole. has been community banker Kansas for years President and CEO The Farmers Merchants State Bank, Wakefield, Kansas and before that Bankers Bank Wichita and Bison State Bank Bison, KS. has Associate Science degree Criminology from Barton County Community College, Great Bend, KS, Bachelor Science degree Business Management from Baker University, Baldwin City, and graduate degree from the Graduate School Banking Colorado, University Colorado, Boulder, CO. 
The Community Bankers Association Kansas (CBAK) statewide association locally owned banks bound together the shared philosophy that community-based bank can better serve its customers than nationwide mega bank. CBAK was created with the express mission collectively creating value for Kansas community banks through advocacy, education and services for the benefit their customers and the communities they serve. CBAK currently represents approximately 313 banking locations throughout Kansas.
	

Sensitive and Pre-decisional 
BRIEFING MEMO Meeting with Midsize Bank Coalition America 
Date  Wednesday, February 2011  
YOUR Time  10:00  10:45  
Location  1801 Street, Room 503  
CFPB Staff Contact  Leandra English  202.435.7355  

PURPOSE: 
YOU will meet with several members the Midsize Bank Coalition America, which consists banks between the billion and $25 billion asset range. YOU will meet with the CEOs, CFOs, and General Counsels eight mid-sized banks. YOU will joined Steve Antonakes and Elizabeth Vale. 

Sensitive and Pre-decisional 

MEETING ATTENDEES: 
Russell Goldsmith, CEO, City National Bank Chuck Kim, CFO, Commerce Bancshares, Inc. Dick Evans, Cullen/Frost Bankers, Inc. Bryan Jordan, CEO, First Horizon National Corporation Chris Wolking, CFO, Old National Bancorp Jeff Knight, Chief Legal Counsel, Old National Bancorp Doug Hyatt, Sr. Corporate Counsel, TCF Financial Corporation Peter DiSilva, President and COO, UMB Jim Smith, CEO, Webster Bank Mark Siegel, Locke Lord Richard Alexander, Arnold Porter Andrew Shipe, Arnold Porter 

BACKGROUND: 
Midsize Bank Coalition America (MBCA) hoc group formed for the purpose providing the perspectives midsize banks financial regulatory reform regulators and legislators. 
	 
The institutions that comprise the MBCA operate total 2,800 
branches states, Washington D.C. and three U.S. territories.
 

	 
Their combined assets exceed $315 billion (ranging from $25 billion) and, together, they employ more than 58,000 people. 

	 
These institutions hold nearly $230 billion deposits and total loans more than $190 billion. 

Key Attendees December 8th CSBS Reception 
Lorie Hovanec, Director, Alaska Division Banking Securities
	
William Haraf, Commissioner, California Department Financial Institutions Robert Glen, Commissioner, Delaware Office the State Bank Commissioner Thomas Cardwell, Commissioner, Florida Office Financial Regulation 
Thomas Gronstal, Superintendent, Iowa Division Banking, and Chairman, CSBS Gavin Gee, Director, Idaho Department Finance Jorge Solis, Director, Illinois Division Banking David Mills, Director, Indiana Department Financial Institutions Judi Stor, Interim Commissioner, Kansas Office the State Bank Commissioner Charles Vice, Commissioner, Kentucky Department Financial Institutions John Ducrest, Commissioner, Louisiana Office Financial Institutions David Cotney, Acting Commissioner, Massachusetts Division Banks Mark Kaufman, Commissioner, Maryland Office Financial Regulation John Allison, Commissioner, Mississippi Department Banking and Consumer 
Finance 
Joseph Smith, Jr., Commissioner, North Carolina Office Commissioner Banks Richard Neiman, Superintendent, New York State Banking Department Mick Thompson, Commissioner, Oklahoma State Banking Department, and 
Chairman Emeritus, CSBS Roger Novotny, Director, South Dakota Division Banking Greg Gonzales, Commissioner, Tennessee Department Financial Institutions Charles Cooper, Commissioner, Texas Department Banking Edward Leary, Commissioner, Utah Department Financial Institutions Joseph Face, Jr., Commissioner, Virginia Bureau Financial Institutions 

Meeting with Texas Community Bankers
	BRIEFING MEMO FOR ELIZABETH WARREN
	
Date  Thursday, December  
YOUR Time  10:00am  11:00am  
Location  1801 Street, Room 503  
Staff Contact  Leandra English  202-230-6077  

BACKGROUND:
	YOU will meet with the Executive Committee the Independent Bankers
	Association Texas, ICBAs state affiliate Texas. 

The Executive Committee visiting three-day trip, and meeting with other regulatory agencies along with us. will meet with them for hour hear their concerns, and give them update CFPB stand-up. They will the first community banking group see our new space, and the second (after Oklahoma community bankers) visit with you DC. 

PARTICIPANTS: 
Please see attached participant list 

KEY BIOGRAPHIES
	

Chris Williston 
President and CEO, IBAT 
Chris Williston has served the 550 member Independent Bankers Association Texas its President since April 1989. has co-authored numerous handbooks and 
publications the Texas banking industry and currently writes monthly column entitled, Up Front for The Texas Independent Banker magazine. Mr. Williston active numerous civic and service activities for the association management profession. 1978, achieved the designation CAE (Certified Association Executive), becoming the youngest executive the nation receive such designation the American Society Association Executives. 

Cynthia Blankenship 
Former Chairman IBAT and ICBA, Vice Chairman and COO, Bank the West 
Cynthia Blankenship past chairman the Independent Community Bankers America (ICBA) and currently serves the ICBA Executive Committee. 
She has attended meetings the White House and participated nationally broadcast press conference with President Barack Obama and Treasury Secretary Timothy Geithner. Blankenship was appointed Dean for Bankers and chaired the Southwestern School Banking Foundation Southern Methodist University. 2004, U.S. Banker magazine named her one the Most Powerful Women Banking. Her community bank specializes small-business lending and has eight locations. 

BACKGROUND IBAT 
The Independent Bankers Association Texas was organized 1974 promote the interests independent banking areas vital independent banks. Today, IBAT continues pioneer providing products and services its member banks. IBAT represents more than 2,000 Texas community banks and branches. IBAT members range size from million $16 billion with combined assets $153 billion. IBAT members are located over 800 towns across Texas. 
ATTACHMENTS 
 Full Attendee List 

John Hope Bryant 
Founder, Chairman and Chief Executive Officer, Operation HOPE Young Global Leader for the World Economic Forum, 
Oprah's Angel Network award recipient, TIME Magazine 
(Leaders) for the Future (94'), John Hope Bryant 
entrepreneur, the founder, chairman and chief executive 
officer Operation HOPE, the Inc. Magazine/CEO READ bestselling author LOVE LEADERSHIP: The New Way Lead Fear-Based World (Jossey-Bass), advisor the last three sitting U.S. presidents, thought leader, public speaker, and innovator the business empowerment. 
Mr. Bryant serves U.S. President Barack Obama the President's Advisory Council Financial Capability, and prior that Mr. Bryant served U.S. President George Bush vice chairman the U.S. President's Advisory Council Financial Literacy, and chairman the councils Committee the Under-Served. 
With the publishing Love Leadership, Mr. Bryant became the first African-American business bestselling author published mainstream business leadership the country. 
John Hope Bryant has received more than 400 awards and citations for his work empower low-wealth communities including the Use Your Life Award Oprah Winfrey, and named Community Hero People Magazine the 10th anniversary the worst urban civil unrest U.S. history. December, 1994, Mr. Bryant was selected TIME Magazine for their Americas Most Promising Leaders the Future cover story. early 2008, Bryants silver rights advocacy and the work Operation HOPE inspired the U.S. President make financial literacy the policy the U.S. federal government Executive Order for the first time U.S. history. 
Bryant's initial Council leadership resulted the creation the new U.S. SBA Office Entrepreneurial Education, landmark U.S. Treasury Department issued report the future financial literacy and responsible sub-prime lending, and inspired legislation including HR1325 sponsored Congresswoman Sheila Jackson-Lee (D-TX). Seeing this crisis global dimensions, Mr. Bryant served the Global Agenda Council for the World Economic Forum, advisor financial literacy and empowerment. February 1st, 2009, the midst the worst global economic crisis generation, Mr. Bryant was chosen speak the closing session for the Annual Meeting the World Economic Forum Davos, Switzerland, joining Archbishop Desmond Tutu, Professor Klaus Schwab, founder and chairman the World Economic Forum, HRH Crown Prince Haakon Norway and Professor Pekka Himanen Finland, the subject dignity for all. 
Mr. Bryant serves the CEO Panel for USA Today Newspaper and writes regularly for the Huffington Post. 

Meeting with Community Bankers 
Wednesday, October 27; 4:00  5:00 
Western Independent Bankers Headquarters 
601 Montgomery Street, Suite 1200 
PURPOSE 
You have committed meeting with community bankers wherever you travel, and will meet with community bankers meeting hosted the Western Independent Bankers, and the California Independent Bankers, both affiliated with the ICBA. 
You will greeted and introduced Nancy Sheppard, President CEO the Western Independent Bankers. You will then say few words about hoping for feedback from the bankers their priorities. 
PRESS 
This meeting will closed press. 
BACKGROUND OTHER INFORMATION 

California Independent Bankers 
The California Independent Bankers represents more than 160 community banks California. CIB offers independent banks the west and across the country access the quality education, products and services and advocacy that better our industry and communities. The CIB exclusively represents community banks and not-forprofit trade association politically active Sacramento and Washington, D.C. CIB the affiliate the Independent Community Bankers America (ICBA), which has more than 5,000 independent bank members nationwide. 
Western Independent Bankers 
WIB trade association that informs, educates and connects community banks with the resources and services help them reach their goals. have been committed the independent banking industry since 1937 offering quality education, professional networking, and products and service information for community bankers the West. Our subsidiary, WIB Service Corporation, provides high-quality, value-added services and products which enhance the competitive advantage WIB member banks. serve Western states and the U.S. Territories including Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington and Wyoming. 

Roundtable Discussion with Professor Elizabeth Warren California Community Leaders 
Wednesday October 27, 2010
	1:00-2:15PM
	Plaza Adelante, 2301 Mission Street (at 19th Street), Suite 304
	
PURPOSE 
You will meet with California community leaders roundtable hosted Greenlining and the Mission Economic Development Agency. You will introduced Orson Aguilar, Executive Director the Greenlining Institute, and you will then make few short remarks CFPB implementation far. The group will then offer feedback, and ask further questions. 

Consumers Union, AFL-CIO, USAction, NCLR, USPIRG; along with local consumer and community advocates including the California Reinvestment Coalition, the University California Student Association, and Community Housing Development Corporation North Richmond. 
AGENDA/SEQUENCE EVENTS Welcome, Introductions, and Opening Remarks 
	 Professor Elizabeth Warren (Assistant the President and Special Advisor the Secretary the Treasury the Consumer Financial Protection Bureau) 
	 Orson Aguilar, Moderator (Executive Director, Greenlining Institute)		
Pressing Financial Protection Issues  Mortgages  Foreclosures  Payday Lending and Check Cashing  Tightened Credit  Credit Cards and Overdraft		
How Can Help Support CFPBs Impact California?  How can help build CFPB the minds Californias diverse public?  What are the plans for CFPBs presence California? 

	 How maintain consistent communication from California CFPB Washington DC, especially about predatory lending and bad actors? Closing Remarks 
PRESS 
This meeting will closed press/no press component. 
MEETING PARTICIPANTS 
 AFL-CIO
	 Alliance Californians for Community Empowerment (ACCE)
	 California Reinvestment Coalition
	 CalPIRG
	 Causa Justa::Just Cause 
 Contra Costa Interfaith Supporting Community Organization (CCISCO) 
 Community Housing Development Corporation North Richmond
	 Consumer Action
	 Consumers Union
	 EARN
	 Greenlining Institute
	 Housing and Economic Rights Advocates
	 Housing Council
	 Mission Asset Fund
	 Mission Economic Development Agency
	 Mission Language and Vocational School
	 National Council Raza
	 National People's Action
	 PICO
	 San Francisco Housing Development Corporation
	 SEIU Local 1021
	 Self Help
	 The Institute for College Access and Success
	 University California Student Association
	 Action
	
CFPB Team
 

 Leandra English, Outreach  Peter Jackson, Press  Alex Blenkinsopp, Policy 
ATTACHMENTS 
 Orson Aguilar Biography  Greenlining Letters You 

BRIEFING MEMO 
Small Business Roundtable
	
Date  Tuesday, November 16, 2010  
YOUR Time  12:30  1:30  
Location  EEOB 230A (Secretary War room)  
WHO Staff Contact  Elizabeth Vale 202.435.7341 610.291.8967  

PURPOSE: 
The goal your meeting introduce the CFPB and its priorities these small business trade groups. The meeting structured primarily listening session, but this group used receiving specific asks from you may wish make one two. 
SEQUENCE EVENTS: 
You will join these small business leaders EEOB 230A (Secretary War room, among the most historic rooms the White House complex). Attendees will seated the conference table and around the edge the room. Elizabeth Vale will introduce you briefly, and turn the meeting over you for your summary the CFPB and its priorities. The majority the meeting should dedicated dialogue through QA. 
AGENDA: 
12:20 Elizabeth Vale collects you main Treasury 
12:35 Elizabeth Vale introduction 
12:38 Elizabeth Warren remarks 
12:43 Dialogue/QA 
1:30 Close 
PARTICIPANTS: 
Institute for Womens Policy Research, Heidi Hartmann, President 
Business and Professional Women's Foundation, Deborah Frett, CEO 
Womens Institute for Secure Retirement, Cindy Hounsell, President 
Women Impacting Public Policy, Martin Feeney, Government Relations 
Springboard Enterprises, Amy Millman, President 
Small Business Entrepreneurship Council, Karen Kerrigan, President CEO 
Small Business Legislative Council, John Satagaj, President CEO 
Small Business Majority, Terry Gardiner, National Policy Director 
Small Business Administration, Winslow Sargeant, Chief Counsel for Advocacy 

10. 
Small Business Administration, Michael Landweber 

11. 
National Small Business Association, Kyle Kempf, Senior Director Government Affairs 

12. 
Community Organizations Action/Main Street Alliance, Bill Daley 

13. 
National Association for the Self-Employed, Kristie Arslan, Executive Director 

14. 
Chamber Commerce, David Hirschmann, SVP 

CFPB IMPLEMENTATION TEAM PARTICIPANTS: 
 Elizabeth Vale 
 Kelly Cochran 

 Leandra English
	 Zixta Martinez
	 Gabrielle Trebat, Department Treasury
	 Victoria Palomo, Department Treasury 

BACKGROUND:
 Institute for Womens Policy Research, Heidi Hartmann, President Heidi Hartmann the President the Washington-based Institute for Women's Policy Research, scientific research organization that she founded 1987 meet the need for women-centered, policy-oriented research. You spoke with her last weeks call time.
 Business and Professional Women's Foundation, Deborah Frett, CEO Deborah Frett CEO Business and Professional Womens Foundation (BPW), and has over years experience providing strategic direction and executive management associations, for-profit and startup organizations. Fretts expertise the creation successful workplaces, areas workforce development, workplace policy and jobs for working women and businesses.
 Womens Institute for Secure Retirement, Cindy Hounsell, President Cindy Hounsell the President WISER, the Womens Institute for Secure Retirement, nonprofit organization that seeks improve the opportunities for women secure retirement income and educate the public about the inequities that disadvantage women retirement.
 Women Impacting Public Policy, Martin Feeney, Government Relations Martin Feeney the Director Government Relations Madison Services Group. represents Ann Sullivan Women Impacting Public Policy (WIPP), whom you spoke with last weeks call time. WIPP one the Administrations most supportive womens groups, national, nonpartisan, public policy organization that advocates for and behalf women and minorities business the legislative process.
 Springboard Enterprises, Amy Millman, President Amy Millman President Springboard Enterprises, organization help women-led businesses meet with entrepreneurs, investors, and industry experts. Since January 2000, Springboard has helped over 426 women-led companies raise billion equity financing, including IPOs, and legions high value MAs.
 Small Business Entrepreneurship Council, Karen Kerrigan, President CEO Karen Kerrigan the President and CEO the Small Business Entrepreneurship Council, prominent advocacy and research organization. She also founded Women Entrepreneurs Inc., help women business owners succeed through education, networking and advocacy.
 Small Business Legislative Council, John Satagaj, President CEO John Satagaj President and CEO the Small Business Legislative Council (SBLC), independent coalition trade and professional associations that aims maximize the influence business legislative policy decisions and disseminate information the impact public policy small business.
 Small Business Majority, Terry Gardiner, National Policy Director Terry Gardiner the National Policy Director Small Business Majority, small business advocacy group founded and led small business owners. Gardiner spearheads small business policy and communication strategies related the establishment the state healthcare exchanges, clean energy, and job creation issues.
 Small Business Administration, Winslow Sargeant, Chief Counsel for Advocacy Winslow Sargeant the new Chief Counsel for Advocacy SBAs Office Advocacy, which encourages policies that support small business startup, growth, and development. Sargeant directs Advocacys operations, which include conducting research the U.S. small business sector, advocating for small businesses within the federal governments agencies and rulemaking processes, and engaging with small business advocates/policymakers and the public. 

10.
 Small Business Administration, Michael Landweber, Senior Advisor Director Regional Affairs Background N/A 

11.
 National Small Business Association, Kyle Kempf, Senior Director Government Affairs This group advocates behalf small business energy, environmental, regulatory and economic development issues. The NSBA the first and oldest national small-business advocacy organization the U.S., and reaches 150,000 small businesses. 

12.
 Community Organizations Action/Main Street Alliance, Bill Daley Bill Daley the Washington Director Main Street Alliance, national network state-based small business coalitions. The Alliance creates opportunities for small business owners advance public policies that are beneficial small businesses and the communities they serve. 

13.
 National Association for the Self-Employed, Kristie Arslan, Executive Director Kristie Arslan the Executive Director for the National Association for the Self-Employed, and directs advocacy, media relations and research programs. NASE the nations leading resource for the self-employed and micro-businesses, providing broad range benefits for entrepreneurs. 

14.
 Chamber Commerce, David Hirschmann, SVP David Hirschmann President and CEO the U.S. Chamber Commerce Center for Capital Markets Competitiveness (CCMC), and leads the Chamber's initiative dedicated making U.S. capital markets the most fair, efficient, transparent, and attractive the world. This effort addresses domestic and international securities regulation and enforcement and financial reporting issues, including auditor viability, and proxy rules. 

ATTACHMENTS:  Small Business Talking Points 

From: Vale, Elizabeth (CFPB)
 To: Warren, Elizabeth (CFPB)
 Cc: Geldon, Daniel (CFPB); Date, Rajeev (CFPB); Adeyemo, Adewale (Wally) (CFPB); English, Leandra (CFPB);
 
Martinez, Zixta (CFPB); Sealy, William; Martin, Alyssa (CFPB) Subject: California community bank feedback Date: Friday, April 08, 2011 2:48:18 Attachments: CIB Community Banker Magazine CFPB.pdf 
Feedback below from David Haithcock who wears two hats: executive director the California 

----- Original Message ----From: David Haithcock  To: Vale, Elizabeth (CFPB) Sent: Fri Apr 13:20:41 2011 Subject: Thank you Outreach affects 
Elizabeth, was great talking with you today. very much appreciate you taking the time reconnect. The amount outreach both you and Elizabeth Warren have done has been very impressive. Given the scale all, know not easy task undertake. Just know that all this effort has made difference and substantial impact. remember the first meeting had with Elizabeth Warren San Francisco back October 2010, most the individuals (including myself) didn't have good understanding what type person Elizabeth was where her mindset was at. Probably safe say had some bias what thought she was like. can say following that initial meeting our opinion her enhanced greatly. was both clear and refreshing have someone like her say the things she did and seem truly understand the community banking industry. fact, ran article our CIB "Community Banker Magazine" (which I've attached case you hadn't seen it) following that meeting and the last sentence the article commented, "In post-meeting discussion, the bankers agreed that all came the meeting with preconceived negative idea the direction the new bureau, but from what heard have the opportunity having the bureau ally leveling the playing field between large and smaller banks the regulatory process." send our magazine out all the banks located within the western states. 
Something else had mentioned you the phone that shows another example regarding the affects the outreach how well Elizabeth Warren has connected with the other state community banking associations. While San Diego, all met group and someone asked take informal poll. The question asked for the poll was "who here would support Elizabeth Warren she were nominated?" can safely say that every hand the room went up. Some with disclaimers having get board approval the time should come but the general consensus was that everyone has been impressed with Elizabeth and for the first time has someone who truly understands the community banking model. 

Thank you again for taking the time like you reconnect with me. know you have lot folks reach out and feel honored that you and Elizabeth Warren would take the time share your thoughts and hear what others have say. Very impressive. 
I've attached copy our magazine that was sent out following our initial meeting with Elizabeth. This was proof found there might grammatical error here and there but the messages will all the same that went out final hard copy. 
Thank you again and look forward reconnecting with you soon!! 
-David 
David Haithcock Executive Director California Independent Bankers
 Executive Vice President, Western Region Independent Community Bankers America 4675 MacArthur Court, Ste. 1410 Newport Beach, 92660 Ph: 949-756-6300 www.cib.org www.icba.org 

BRIEFING MEMO
	Call-time Hispanic Groups 

Date  Thursday, December 2010  
YOUR Time  4:00-4:45  
Location  YOUR Office Main Treasury, Rm. 2316  
WHO Staff Contact  Elizabeth Vale  610.291.8967  

PURPOSE 
Telephone calls with five Hispanic group leaders. 
PARTICIPANTS 
 YOU
	 Stephanie Valencia, White House Liaison Hispanic community
	 Zixta Martinez
	 Elizabeth Vale
	
CALLS The National Council Raza (NCLR) the largest and most visible national Latino civil rights and advocacy organization Washington, and arguably the U.S. The NCLR works improve opportunities for Hispanic Americans. NCLR has extensive grassroots, affiliate network that includes nearly 300 community-based organizations, states, Puerto Rico, and the District Columbia. 

Janet Murguia has led NCLR since 2005. From 1994 2000, Murguia worked the White House, ultimately serving deputy assistant President Clinton, providing strategic and legislative advice the President key issues. Janet Murguia and her staff did lot work pass Wall Street Reform. 
Janet Murguia, President CEO, NCLR Contact: jmurguia@nclr.org, 202-776-1734 (work), 202-360-0382 (cell), 202-7851670 (alternate) The New America Alliance (NAA) organization the most senior American Latino business leaders committed leading the process Latino empowerment and wealth-building expanding the forms capital most crucial for economic advancement. 

Roel Campos the newly elected chairman the New America Alliance. served SEC Commissioner from 20022007 and now partner with Washington, D.C. law firm Cooley Godward Kronish. Campos President Obama's Intelligence Advisory Board, the oldest the Citizen Advisory Group.  
Roel Campos 
Contact: rcampos@cooley.com, 202-842-7825 (work), 202-680-8673 (cell) The United States Hispanic Chamber Commerce (USHCC) national organization created foster economic opportunities for Latino entrepreneurs and businesses. They represent over million Hispanic owned businesses and 200 local Hispanic chambers across the country. They were one the only business organizations that supported Health Reform and Wall Street Reform. 

Javier Palomarez the new President and CEO the U.S. Hispanic Chamber Commerce. Most recently, Palomarez served Vice President Multicultural Marketing ING Financial Services, where was recruited lead diversity outreach programs. the youngest ten children, Palomarez spent his formative years migrant farm worker. the product public schooling and learned English second language. former high school drop-out, obtained GED and worked his way through college. 
Javier Palomarez, President CEO, USHCC Contact: JPalomarez@ushcc.com, 704-560-0020 (cell) 
Monica Fuentes 
Contact: MFuentes@ushcc.com, 202-787-8640 (cell) 
Monika Mantilla member NAA and head Altura Capital. She also vocal supporter the Administrations work around minority inclusion. 
Mexican America Legal Defense and Educational Fund, Inc. (MALDEF) known the civil rights law firm for all Latinos and has brought and won landmark cases education, voting rights and equal employment opportunity.
	

Thomas Saenz returned MALDEF August 2009 following his four year tenure Counsel Los Angeles Mayor Antonio Villaraigosa. Previously, Saenz has practiced civil rights law MALDEF for years. 
Thomas Saenz, President General Counsel, MALDEF Contact: 213-629-2512, 213-219-3989 (cell), tsaenz@maldef.org The Congressional Hispanic Caucus Institute (CHCI) focuses running educational and leadership programs for high school and college students that promote the growth participants effective professionals and strong leaders. CHCI board includes members the U.S. House and Senate Hispanic members. 

Esther Aguilera became CHCIs President CEO November, 2004. Aguilera began her career policy analyst with the National Council Raza and then went become Executive Director the Congressional Hispanic Caucus. 
Esther Aguilera, President CEO, CHCI Contact: 202-548-5860, 202-550-6789 (cell), eaguilera@chci.org Assistant: Gretchen Class, gclass@chci.org
	

From:  Warren, Elizabeth (CFPB)  
To:  Brian.moynihan@bankofamerica.com  
Subject:  FW: Information Request  
Date:  Thursday, January 20, 2011 3:31:00  
Attachments:  CARD ACT IMPLEMENTATION QUESTIONS.doc  
Pricing Lookback Data Request.xls  

Dear Brian: 
Over the coming weeks, the Consumer Financial Protection Bureaus implementation team will assemble, systematic basis, information the implementation and impact the CARD Act. This undertaking designed, first, build CFPBs knowledge preparation for the Transfer Date when will assume responsibility for the CARD Act, and, second, enable prepare public report for the anniversary the CARD Act about some the Acts most significant impacts. 
Attached e-mail that David Silberman has sent Susan and John explaining this undertaking, the information are requesting, and how will used. view this the kind voluntary, collaborative, data-driven undertaking which you and have discussed. Davids e-mail notes, are prepared give recognition those who join with this effort, but will not reveal any issuer-specific information the report. hope you will join this effort. 
Thank you. 
From: Silberman, David (CFPB) Sent: Friday, January 14, 2011 6:28 To: 'susan.faulkner@bankofamerica.com'; 'Collingwood, John' Cc: Blow, Marla Subject: Information Request 
Susan and John: follow-up conversation with John today, writing request Bank Americas participation important initiative. 
Over the coming weeks, the Consumer Financial Protection Bureaus implementation team will assemble, systematic basis, information the implementation and impact the CARD Act. Building the meetings have held with you and the other top issuers over the past six weeks, this undertaking has dual goal: first, build CFPBs knowledge base preparation for the Transfer Date when will assume full responsibility for enforcing the CARD Act; and second, enable prepare public report coincident with the anniversary the CARD Act effective date with respect some the Acts most significant impacts. 
Attached are two documents embodying our information request. The first Word document with questions about your current pricing practices regarding delinquency pricing, overlimit fees, and minimum payments. The second Excel document requesting data the results your first look-back pricing review. intend publicize this information only aggregated basis and will only receive voluntary participation from sufficient number issuers allow make meaningful conclusions. also propose publicly report the names the issuers who voluntarily cooperated this undertaking, that those issuers receive appropriate recognition for working with this collaborative way. would so, however, only with the permission those participants and without making public any issuer-specific information. recognize that the information are requesting proprietary and considered privileged confidential commercial financial information. are, noted, requesting this information can prepare for and contemplation the supervisory functions will assuming come the Transfer Date. Accordingly, while will use the information make aggregate-level public report, otherwise intend keep this information confidential and use only internally inform our preparation and planning for the supervisory functions. 
Although information you provide may subject request under the Freedom Information Act (FOIA), the FOIA provides exemption for confidential privileged commercial financial information voluntarily submitted agency, the type information not customarily disclosed the public. will assert this exemption for all such information, and will not disclose such information unless compelled court competent jurisdiction. addition, you are entitled certain procedural protections, outlined C.F.R.  1.6, that are designed, among other things, let you know any FOIA request litigation. will, course, follow those procedures the event request covering the information you submit. want strongly encourage you participate this effort believe will great value the CFPB, the American public, and the participants and stakeholders the card market. would like know January 21, 2011 whether you will participating and will need your answers February 2011. you are willing participate but are challenged the timing providing the data are requesting, you should let know when you can provide such data. 
Marla Blow, who recently joined CFPB serve Deputy Head the Card Markets Implementation Team (and who comes after working for Capital One for the past seven years), will spearheading this effort behalf the Implementation Team. you have any questions with respect the request, you can reach her e-mail marla.blow@do.treas.gov phone (202)435-7415. course, you should feel free contact well you would like discuss this. 
Marla and look forward meeting with you and members your team January 28th. 
David Silberman Consumer Financial Protection Bureau Implementation Team 
(202) 435-7142 

TELEPHONE CALL SHEET 
CFPB IMPLEMENTATION TEAM
	Washington 

TELEPHONE CALL WITH COMMUNITY BANK HEADS 
From: Elizabeth Vale 
DATE: Thursday, February 10, 2011 
TIME: 5:15  6:00 p.m. 
WHERE: Your Office 1801 Street, room 550 
PURPOSE: introduce yourself and the CFPB Implementation team the below community bank heads, provide them update CFPB implementation and your key near-term priorities, and discuss how can work with them. 
AGENDA: 
5:15 p.m. Robert Taylor, Louisiana Bankers Association 
5:30 p.m. Kurt Yost, Nebraska Independent Community Bankers 
5:45 p.m. Don Forsberg, Independent Community Banks North Dakota 

Call time: 5:30 p.m. 

Kurt Yost 
President and CEO 
Nebraska Independent Community Bankers 
Contact:  (402) 474-4662 
BIOGRAPHY  Kurt has served the President and CEO the Nebraska Independent Community Bankers for years.  was born and raised community 900 people rural and his family owned and operated significant small business surrounding communities. They were extremely dependent great working relationship with our local community bank, they were very capital intensive business. fact, the early 60's their corporation had the largest SBA loan business. 
BACKGROUND  The NICB made some 100 locally owned and operated banks across NE, located primarily rural areas serving agriculture. The largest family owned bank the United States located and dues paying member our organization.  The NICB serves communities people and the urban areas both Omaha and Lincoln. 

Call time: 5:45 p.m. 

Don Forsberg Executive Vice President Independent Community Banks North Dakota Contact:  (701) 258-7121 

BIOGRAPHY  Don has severed the Executive Vice President Independent Community Banks North Dakota for the past nine years. The ICBND has members out total banks North Dakota.  Don worked practicing CPA for years local firm providing audit, tax and consulting services for number industries including community banks.  also served Controller and Treasurer for multi-corporate, multi-state business and then division controller for Fortune 500 publicly held company prior taking this position.  was born and raised farm North Dakota and veteran the Army. 

From: Warren, Elizabeth (CFPB) To: richard.davis@usbank.com Subject: CARD Act Conference Date: Monday, February 28, 2011 5:52:00 
Dear Richard: 
Last week, the CFPB held conference mark the first anniversary the CARD Act. The goal the conference was bring together various stakeholders  including industry representatives, consumer groups, and government officials  for examination the impact the CARD act. wanted explore data about changes the industry and foster open conversation about the strengths and weaknesses different regulatory approaches. From our perspective, the conference succeeded achieving that objective and created strong foundation for our ongoing efforts build our knowledge basis and understanding this important market. hope the reports from Tony Vuoto were similarly positive. 
Thank you for your support, and please thank Tony and his team for providing responses the survey sent with respect pricing practices and also for facilitating presentation using industry consortium data. These were both important the success the conference. also appreciate your willingness provide data with respect the results the pricing look-back review once that data available. 

From: Warren, Elizabeth (CFPB) To: Niall.s.k.booker@us.hsbc.com Subject: CARD Act Conference Date: Monday, February 28, 2011 5:51:00 
Dear Niall: 
Last week, the CFPB held conference mark the first anniversary the CARD Act. The goal the conference was bring together various stakeholders  including industry representatives, consumer groups, and government officials  for examination the impact the CARD act. wanted explore data about changes the industry and foster open conversation about the strengths and weaknesses different regulatory approaches. From our perspective, the conference succeeded achieving that objective and created strong foundation for our ongoing efforts build our knowledge basis and understanding this important market. hope the reports from Pat Burke, Brian Hughes, and Raj Mundy were similarly positive. 
Thank you for your support, and please thank Pat, Brian, and Raj and their team for providing responses the survey sent with respect pricing practices and also for facilitating presentation using industry consortium data. These were both important the success the conference. also appreciate your willingness provide data with respect the results the pricing look-back review once that data available. 

From: Warren, Elizabeth (CFPB) To: davidnelms@discover.com Subject: CARD Act Conference Date: Monday, February 28, 2011 5:50:00 
Dear David: 
Last week, the CFPB held conference mark the first anniversary the CARD Act. The goal the conference was bring together various stakeholders  including industry representatives, consumer groups, and government officials  for examination the impact the CARD act. wanted explore data about changes the industry and foster open conversation about the strengths and weaknesses different regulatory approaches. From our perspective, the conference succeeded achieving that objective and created strong foundation for our ongoing efforts build our knowledge basis and understanding this important market. hope the reports from Harit Talwar were similarly positive. 
Thank you for your support, and please thank Harits team for providing responses the survey sent with respect pricing practices and also for facilitating presentation using industry consortium data. These were both important the success the conference. also appreciate your willingness provide data with respect the results the pricing look-back review once that data available. 

From: Warren, Elizabeth (CFPB) To: rich.fairbank@capitalone.com Subject: CARD Act Conference Date: Monday, February 28, 2011 5:48:00 
Dear Rich: 
Last week, the CFPB held conference mark the first anniversary the CARD Act. The goal the conference was bring together various stakeholders  including industry representatives, consumer groups, and government officials  for examination the impact the CARD act. wanted explore data about changes the industry and foster open conversation about the strengths and weaknesses different regulatory approaches. From our perspective, the conference succeeded achieving that objective and created strong foundation for our ongoing efforts build our knowledge basis and understanding this important market. hope the reports from Ryan Schneider were similarly positive. 
Thank you for your support, and please thank Ryan and his team for providing responses the survey sent with respect pricing practices and also for facilitating presentation using industry consortium data. These were both important the success the conference. also appreciate your willingness provide data with respect the results the pricing look-back review once that data available. 

From: Warren, Elizabeth (CFPB) To: vikram.pandit@citi.com Subject: CARD Act Conference Date: Monday, February 28, 2011 5:46:00 
Dear Vikram: 
Last week, the CFPB held conference mark the first anniversary the CARD Act. The goal the conference was bring together various stakeholders  including industry representatives, consumer groups, and government officials  for examination the impact the CARD act. wanted explore data about changes the industry and foster open conversation about the strengths and weaknesses different regulatory approaches. From our perspective, the conference succeeded achieving that objective and created strong foundation for our ongoing efforts build our knowledge basis and understanding this important market. hope the reports from Judd Linville were similarly positive. 
Thank you for your support, and please thank Judd and his team for providing responses the survey sent with respect pricing practices and also for facilitating presentation using industry consortium data. These were both important the success the conference. also appreciate your willingness provide data with respect the results the pricing look-back review once that data available. 

From: Warren, Elizabeth (CFPB) To: brian.t.moynihan@bankofamerica.com Subject: CARD Act Conference Date: Monday, February 28, 2011 5:45:00 
Dear Brian: Last week, the CFPB held conference mark the first anniversary the CARD Act. The goal the conference was bring together various stakeholders  including industry representatives, consumer groups, and government officials  for examination the impact the CARD act. wanted explore data about changes the industry and foster open conversation about the strengths and weaknesses different regulatory approaches. From our perspective, the conference succeeded achieving that objective and created strong foundation for our ongoing efforts build our knowledge basis and understanding this important market. hope the reports from Susan Faulkner and Chip Rossi were similarly positive. 
Thank you for your support, and please thank Susan, Chip, and their team for providing responses the survey sent with respect pricing practices and also facilitating presentation using industry consortium data. These were both important the success the conference. also appreciate your willingness provide data with respect the results the pricing look-back review once that data available. 

From: Warren, Elizabeth (CFPB) To: davidnelms@discover.com Cc: kellymcnamaracorley@discover.com; harittalwar@discover.com; Silberman, David (CFPB) Subject: RE: CARD Act Conference Date: Tuesday, March 01, 2011 6:30:00 
David, 
We're looking forward working with you too. think can accomplish some good things together. 
-----Original Message----From: davidnelms@discover.com [mailto:davidnelms@discover.com]
 Sent: Tuesday, March 01, 2011 3:10
 To: Warren, Elizabeth (CFPB)
 Cc: kellymcnamaracorley@discover.com; harittalwar@discover.com; Silberman, David (CFPB) Subject: Re: CARD Act Conference
 
Elizabeth: 
I'm delighted that the conference went well and were happy participate. Harit told that felt was worthwhile and informative. were happy participate with our data and appreciate being invited attend. heard very good things about David Silberman's leadership the overall "project"--this was big deal pull off very short period time, and had never been done before. the future, look forward continuing our constructive dialog with the new agency all seek serve our customers well. 
David 

02/28/2011 04:50  
Subject CARD Act Conference 
Dear David: 
Last week, the CFPB held conference mark the first anniversary the CARD Act. The goal the conference was bring together various stakeholders  including industry representatives, consumer groups, and government officials  for examination the impact the CARD act. wanted explore data about changes the industry and foster open conversation about the strengths and weaknesses different regulatory approaches. From our perspective, the conference succeeded achieving that objective and created strong foundation for our ongoing efforts build our knowledge basis and understanding this important market. hope the reports from Harit Talwar were similarly positive. 

Thank you for your support, and please thank Harits team for providing responses the survey sent with respect pricing practices and also for facilitating presentation using industry consortium data. These were both important the success the conference. also appreciate your willingness provide data with respect the results the pricing look-back review once that data available. 
Please consider the environment before printing this email. 

From:  Warren, Elizabeth (CFPB)  
To:  rich.fairbank@capitalone.com  
Subject:  FW: Information Request  
Date:  Friday, January 21, 2011 12:06:00  
Attachments:  CARD ACT IMPLEMENTATION QUESTIONS.doc  
Pricing Lookback Data Request.xls  

Dear Rich: 
Over the coming weeks, the Consumer Financial Protection Bureaus implementation team will assemble, systematic basis, information the implementation and impact the CARD Act. This undertaking designed, first, build CFPBs knowledge preparation for the Transfer Date when will assume responsibility for the CARD Act, and, second, enable prepare public report for the anniversary the CARD Act about some the Acts most significant impacts. 
Attached e-mail that David Silberman has sent Ryan explaining this undertaking, the information are requesting, and how will used. view this the kind voluntary, collaborative, data-driven undertaking which you and have discussed. Davids e-mail notes, are prepared give recognition those who join with this effort, but will not reveal any issuer-specific information the report. hope you will join this effort. 
Thank you. 
From: Silberman, David (CFPB) Sent: Friday, January 14, 2011 6:18 To: 'Schneider, Ryan' Cc: 'Murray, Kevin'; Blow, Marla Subject: Information Request 
Ryan: was good talking with you and Kevin Tuesday. follow-up our discussion, writing request your participation important initiative. 
Over the coming weeks, the Consumer Financial Protection Bureaus implementation team will assemble, systematic basis, information the implementation and impact the CARD Act. Building the meetings have held with you and the other top issuers over the past six weeks, this undertaking has dual goal: first, build CFPBs knowledge base preparation for the Transfer Date when will assume full responsibility for enforcing the CARD Act; and second, enable prepare public report coincident with the anniversary the CARD Act effective date with respect some the Acts most significant impacts. 
Attached are two documents embodying our information request. The first Word document with questions about your current pricing practices regarding delinquency pricing, overlimit fees, and minimum payments. The second Excel document requesting data the results your first look-back pricing review. intend publicize this information only aggregated basis and will only receive voluntary participation from sufficient number issuers allow make meaningful conclusions. also propose publicly report the names the issuers who voluntarily cooperated this undertaking, that those issuers receive appropriate recognition for working with this collaborative way. would so, however, only with the permission those participants and without making public any issuer-specific information. recognize that the information are requesting proprietary and considered privileged confidential commercial financial information. are, noted, requesting this information can prepare for and contemplation the supervisory functions will assuming come the Transfer Date. Accordingly, while will use the information make aggregate-level public report, otherwise intend keep this information confidential and use only internally inform our preparation and planning for the supervisory functions. 
Although information you provide may subject request under the Freedom Information Act (FOIA), the FOIA provides exemption for confidential privileged commercial financial information voluntarily submitted agency, the type information not customarily disclosed the public. will assert this exemption for all such information, and will not disclose such information unless compelled court competent jurisdiction. addition, you are entitled certain procedural protections, outlined C.F.R.  1.6, that are designed, among other things, let you know any FOIA request litigation. will, course, follow those procedures the event request covering the information you submit. want strongly encourage you participate this effort believe will great value the CFPB, the American public, and the participants and stakeholders the card market. would like know January 21, 2011 whether you will participating and will need your answers February 2011. you are willing participate but are challenged the timing providing the data are requesting, you should let know when you can provide such data. 
Marla Blow, who recently joined CFPB serve Deputy Head the Card Markets Implementation Team will spearheading this effort behalf the Implementation Team. you have any questions with respect the request, you can reach her e-mail marla.blow@do.treas.gov phone (202)435-7415. course, you should feel free contact well you would like discuss this. 
David Silberman Consumer Financial Protection Bureau Implementation Team 
(202) 435-7142 

From:  Warren, Elizabeth (CFPB)  
To:  richard.davis@usbank.com  
Subject:  FW: Information Request  
Date:  Thursday, January 20, 2011 3:27:00  
Attachments:  CARD ACT IMPLEMENTATION QUESTIONS.doc  
Pricing Lookback Data Request.xls  

Dear Richard: 
Over the coming weeks, the Consumer Financial Protection Bureaus implementation team will assemble, systematic basis, information the implementation and impact the CARD Act. This undertaking designed, first, build CFPBs knowledge preparation for the Transfer Date when will assume responsibility for the CARD Act, and, second, enable prepare public report for the anniversary the CARD Act about some the Acts most significant impacts. 
Attached e-mail that David Silberman has sent Tony explaining this undertaking, the information are requesting, and how will used. view this the kind voluntary, collaborative, data-driven undertaking which you and have discussed. Davids e-mail notes, are prepared give recognition those who join with this effort, but will not reveal any issuer-specific information the report. hope you will join this effort. 
Thank you. 
From: Silberman, David (CFPB) Sent: Friday, January 14, 2011 6:20 To: 'anthony.vuoto@usbank.com' Cc: 'clifford.cook@usbank.com'; Blow, Marla Subject: Information Request 
Tony: was good talking with you and Cliff earlier this week. follow-up our discussion, writing request your participation important initiative. 
Over the coming weeks, the Consumer Financial Protection Bureaus implementation team will assemble, systematic basis, information the implementation and impact the CARD Act. Building the meetings have held with you and the other top issuers over the past six weeks, this undertaking has dual goal: first, build CFPBs knowledge base preparation for the Transfer Date when will assume full responsibility for enforcing the CARD Act; and second, enable prepare public report coincident with the anniversary the CARD Act effective date with respect some the Acts most significant impacts. 
Attached are two documents embodying our information request. The first Word document with questions about your current pricing practices regarding delinquency pricing, overlimit fees, and minimum payments. The second Excel document requesting data the results your first look-back pricing review. intend publicize this information only aggregated basis and will only receive voluntary participation from sufficient number issuers allow make meaningful conclusions. also propose publicly report the names the issuers who voluntarily cooperated this undertaking, that those issuers receive appropriate recognition for working with this collaborative way. would so, however, only with the permission those participants and without making public any issuer-specific information. recognize that the information are requesting proprietary and considered privileged confidential commercial financial information. are, noted, requesting this information can prepare for and contemplation the supervisory functions will assuming come the Transfer Date. Accordingly, while will use the information make aggregate-level public report, otherwise intend keep this information confidential and use only internally inform our preparation and planning for the supervisory functions. 
Although information you provide may subject request under the Freedom Information Act (FOIA), the FOIA provides exemption for confidential privileged commercial financial information voluntarily submitted agency, the type information not customarily disclosed the public. will assert this exemption for all such information, and will not disclose such information unless compelled court competent jurisdiction. addition, you are entitled certain procedural protections, outlined C.F.R.  1.6, that are designed, among other things, let you know any FOIA request litigation. will, course, follow those procedures the event request covering the information you submit. want strongly encourage you participate this effort believe will great value the CFPB, the American public, and the participants and stakeholders the card market. would like know January 21, 2011 whether you will participating and will need your answers February 2011. you are willing participate but are challenged the timing providing the data are requesting, you should let know when you can provide such data. 
Marla Blow, who recently joined CFPB serve Deputy Head the Card Markets Implementation Team (and who comes after working for Capital One for the past seven years), will spearheading this effort behalf the Implementation Team. you have any questions with respect the request, you can reach her e-mail marla.blow@do.treas.gov phone (202)435-7415. course, you should feel free contact well you would like discuss this. 
David Silberman Consumer Financial Protection Bureau Implementation Team 
(202) 435-7142 

From: Warren, Elizabeth (CFPB)
 To: Martin, Alyssa (CFPB)
 Subject: RE: Follow and Thank you
 Date: Wednesday, January 26, 2011 7:23:54
 
Thanks. 
From: Martin, Alyssa (CFPB)
 Sent: Wednesday, January 26, 2011
 To: Warren, Elizabeth (CFPB)
 Subject: FW: Follow and Thank you
 
FYI note from Wisconsin Bankers. replied and thanked them.
 
-----Original Message----From: Rose Oswald Poels [mailto:ropoels@wisbank com]
 Sent: Wednesday, January 26, 2011 12:19
 To: Vale, Elizabeth (CFPB); Martin, Alyssa (CFPB)
 Cc: Kurt Bauer; 'Dan Riebe'; 'Robert Just'
 Subject: Follow and Thank you
 Importance: High
 
Elizabeth and Alyssa, emailing first thank you, again, very much for your time yesterday meeting with us. very much enjoyed our conversation yesterday and appreciate the open dialogue. look forward working with all you and having ongoing communications regarding our questions, suggestions and concerns. are very encouraged the "themes" outlined Elizabeth (Warren) her vision for shaping the Bureau and her sensitivity and understanding the importance vibrant community banking industry. are also willing help that effort any way she deems appropriate. 
The other reason for email today give you the name the banker who testified back April 2009 the hearing Milwaukee. The individual who Elizabeth likely remembering from that hearing Peter Prickett, President and CEO, First National Bank-Fox Valley. Peter also current member the WBA Board Directors. will sure pass her compliments him. 
Alyssa, since not have email address for Elizabeth Steve, would appreciate you could forward this email them for me. Thank you, well, for helping coordinate this meeting with me. also look forward working more closely with you, Elizabeth, various compliance concerns. Toward that end, will likely have email off you within week with some thoughts and questions. conclusion, again, enjoyed meeting everyone and appreciate the extensive time you all took out your busy day listen us. Thank you. 
Sincerely, 
Rose 
Rose Oswald Poels Senior Vice President and Counsel Wisconsin Bankers Association 4721 South Biltmore Lane 
P.O. Box 8880 Madison, 53708-8880 608/441-1200  Join the 2011 WBA Bank Executives Conference Feb. 7-9 the Pfister Hotel, Milwaukee. Designed prepare bankers for the challenges unique Wisconsin's banking industry, this event offers exceptional peer-to-peer networking opportunities and features speakers who have unparalleled knowledge the banking industry. Visit www.wisbank.com/BankExecs register for more information. *********************************************************************************************************************************************************************************** 
The information contained this electronic communication and any attached documentation intended general information only and does not constitute legal advice. Transmission this information not intended create, and receipt does not constitute, attorney-client relationship. 

From:  Warren, Elizabeth (CFPB)  
To:  richard.davis@usbank.com  
Subject:  RE: FW: Information Request  
Date:  Tuesday, January 25, 2011 8:16:00  

Richard: 
Thank you for your e-mail. appreciate your openness participating our effort better understand the effects the CARD Act. certainly understand your concerns about the confidentiality information and also your point about the fluidity pricing practices. believe that Tony and David should able arrive solution that satisfies your concerns while enabling achieve our objectives. 
Let's keep touch. 
-----Original Message----From: richard.davis@usbank.com [mailto:richard.davis@usbank.com] Sent: Friday, January 21, 2011 11:24 To: Warren, Elizabeth (CFPB) Subject: Re: FW: Information Request 
Elizabeth thanks for your message and know that appreciate the CFPB's goal collect data and become fully informed about the issues related the CARD act. Likewise, know that appreciate that you consider Bank key contributor this data research. understand from Tony, that the large banks have offered provide David with aggregated data, collected under the guidance the ABA and Morrison and Foerster protect the confidentiality the individual bank data. also understand that this solution not aligned with David's goal gain individual bank data for weighting purposes. result, would like very much provide our data David, however seek stronger assurances that this information will protected. the CFPB doesn't have official regulatory status yet, any exchange information (as understand) could subject disclosure under the freedom information statute and could pose uncertain risk our data submission. addition, David also requesting information related future plans regarding our pricing policies and account management practices which believe premature (as are still developing our strategies) and proprietary our business (which could not afford have divulged our competitors). you know, are partners with you the quest improve disclosure, transparency and simplicity and our objective provide David with the 
information seeks but must sensitive unintended consequences. 
Thanks and please let know your thoughts. 
Richard From: 


 Date:
 01/20/2011 02:27
 Subject:
 FW: Information Request
 
Dear Richard:
 
Over the coming weeks, the Consumer Financial Protection Bureau?s
 implementation team will assemble, systematic basis, information
 the implementation and impact the CARD Act. This undertaking
 designed, first, build CFPB?s knowledge preparation for the Transfer
 Date when will assume responsibility for the CARD Act, and, second,
 enable prepare public report for the anniversary the CARD Act
 about some the Act?s most significant impacts.
 
Attached e-mail that David Silberman has sent Tony explaining
 this undertaking, the information are requesting, and how will
 used. view this the kind voluntary, collaborative, data-driven
 undertaking which you and have discussed. David?s e-mail notes,
 are prepared give recognition those who join with this effort,
 but will not reveal any issuer-specific information the report.
 hope you will join this effort.
 
Thank you.
 
From: Silberman, David (CFPB)
 Sent: Friday, January 14, 2011 6:20
 To: 'anthony.vuoto@usbank.com' Cc: 'clifford.cook@usbank.com'; Blow, Marla Subject: Information Request
 
Tony: was good talking with you and Cliff earlier this week. follow-up our discussion, writing request your participation
 important initiative.
 
Over the coming weeks, the Consumer Financial Protection Bureau?s
 implementation team will assemble, systematic basis, information
 the implementation and impact the CARD Act. Building the meetings have held with you and the other top issuers over the past six weeks,
 this undertaking has dual goal: first, build CFPB?s knowledge base preparation for the Transfer Date when will assume full
 responsibility for enforcing the CARD Act; and second, enable
 prepare public report coincident with the anniversary the CARD Act
 effective date with respect some the Act?s most significant impacts.
 
Attached are two documents embodying our information request. The first Word document with questions about your current pricing practices
 

regarding delinquency pricing, overlimit fees, and minimum payments. The second Excel document requesting data the results your first ?look-back? pricing review. intend publicize this information only aggregated basis and will only receive voluntary participation from sufficient number issuers allow make meaningful conclusions. also propose publicly report the names the issuers who voluntarily cooperated this undertaking, that those issuers receive appropriate recognition for working with this collaborative way. would so, however, only with the permission those participants and without making public any issuer-specific information. recognize that the information are requesting proprietary and considered privileged confidential commercial financial information. are, noted, requesting this information can prepare for and contemplation the supervisory functions will assuming come the Transfer Date. Accordingly, while will use the information make aggregate-level public report, otherwise intend keep this information confidential and use only internally inform our preparation and planning for the supervisory functions. 
Although information you provide may subject request under the Freedom Information Act (FOIA), the FOIA provides exemption for confidential privileged commercial financial information voluntarily submitted agency, the type information not customarily disclosed the public. will assert this exemption for all such information, and will not disclose such information unless compelled court competent jurisdiction. addition, you are entitled certain procedural protections, outlined C.F.R.  1.6, that are designed, among other things, let you know any FOIA request litigation. will, course, follow those procedures the event request covering the information you submit. want strongly encourage you participate this effort believe will great value the CFPB, the American public, and the participants and stakeholders the card market. would like know January 21, 2011 whether you will participating and will need your answers February 2011. you are willing participate but are challenged the timing providing the data are requesting, you should let know when you can provide such data. 
Marla Blow, who recently joined CFPB serve Deputy Head the Card Markets Implementation Team (and who comes after working for Capital One for the past seven years), will spearheading this effort behalf the Implementation Team. you have any questions with respect the request, you can reach her e-mail marla.blow@do.treas.gov phone (202)435-7415. course, you should feel free contact well you would like discuss this. 
David Silberman Consumer Financial Protection Bureau Implementation Team 
(202) 435-7142 
[attachment "CARD ACT IMPLEMENTATION QUESTIONS.doc" deleted Richard Davis/MN/USB] [attachment "Pricing Lookback Data Request.xls" deleted Richard Davis/MN/USB] U.S. BANCORP made the following annotations 

Electronic Privacy Notice. This e-mail, and any attachments, contains information that is, may be, covered electronic communications privacy laws, and also confidential and proprietary nature. you are not the intended recipient, please advised that you are legally prohibited from retaining, using, copying, distributing, otherwise disclosing this information any manner. Instead, please reply the sender that you have received this communication error, and then immediately delete it. Thank you advance for your cooperation. 

Sensitive and Pre-decisional 
BRIEFING MEMO Meeting with Attorney General Lisa Madigan 
Date  Thursday, February 24, 2011  
YOUR Time  9:30am  10:15am  
Location  100 West Randolph Street, 12th Floor  
CFPB Staff Contact  Leandra English  202.435.7355  

PURPOSE 
YOU will meet with the Attorney General Illinois, Lisa Madigan. You have had least two calls with General Madigan since assuming your CFPB post, one November 16, and one January 13th. 

BACKGROUND GENERAL MADIGAN 
General Madigan was elected the 41st Attorney General Illinois 2003, and the first women Illinois hold this office. She ran her second re-election race 

Sensitive and Pre-decisional 2010, and easily won November, beating out Republican newcomer Steve Kim, Green Party candidate David Black and Libertarian Bill Malan. 2005, she was presented with the John Kennedy New Frontier Award, awarded the elected official whose contributions office demonstrate the impact and value public service the spirit President Kennedy. Prior taking office Attorney General, she served the Illinois Senate, and has also worked teacher and community advocate. 
ATTACHMENTS 
 General Madigan Biography 

Attorney General Lisa Madigan
	

Often recognized for her leadership and integrity, Lisa Madigan has brought high level activism the Office Illinois Attorney General. From her first days office, she has demonstrated principled leadership, putting policy before politics and focusing her work the state's top legal advocate protecting the people and communities Illinois. thoughtful and determined advocate, Madigan has dedicated the energy and resources her office protecting women and children from the dangers sexual predators our streets and the Internet. Under Madigan's stewardship, the Consumer Protection Division the Attorney General's office has established national reputation for aggressively safeguarding consumers from fraud and unsafe products. Madigan leader the public's fight for open and accessible government, and she also has been credited with restoring integrity Illinois' gambling industry. Additionally, Madigan has been widely praised for implementing series proactive law enforcement strategies combat the spread methamphetamine throughout the state. part her work make Illinois' communities safer, Madigan the first Illinois Attorney General over years personally argue case before the United States Supreme Court. 2004, she successfully argued Illinois Caballes, which the Court upheld the ability police officers use specially trained dogs detect the presence illegal drugs during traffic stops, ensuring that law enforcement may continue use this effective strategy fight the spread drugs into our neighborhoods. 
Attorney General Madigan has become respected advocate the national legal arena. Testifying before Congressional committee the recall dangerous toys, she advocated for stronger consumer product safety laws and called the federal Consumer Product Safety Commission improve its efforts protect the public. She also testified before Congress urge the passage measures protect consumers' privacy prohibiting the sale cell phone records. Under her leadership, the Attorney General's office has successfully litigated three cases the United States Supreme Court. Madigan's office also has taken the lead presenting the views the states numerous amicus briefs filed the Supreme Court, including brief, joined other states, seeking protect the role state courts enforcing critical consumer protection laws. 

Attorney General Madigan was the recipient 2005 the John Kennedy New Frontier Award, honor presented annually American elected official whose contributions office demonstrate the impact and value public service the spirit President Kennedy. Caroline Kennedy Schlossberg, presenting the award, recognized Attorney General Madigan "an inspiration all young Americans who share father's belief that one person can make difference and everyone should try." 2006, Madigan was one elected officials chosen receive Aspen Institute Rodel Fellowship. The fellowship program recognizes the nation's most outstanding young political leaders and focused the ethics and responsibilities public leadership and the study democratic values. Recently, Madigan was among some emerging leaders and influential Americans chosen from across the country participate national conversation titled Dialogues Democracy: Life, Liberty and the Pursuit Happiness, the culmination MacNeil Lehrer Productions' the People project. The conversation explored the rights, responsibilities, and expectations citizens and concluded with initial thoughts the drafting new "Declaration Citizenship for the 21st Century." 
Madigan proud the recognition she has received for her public service work from such organizations the Illinois Center for Violence Prevention, the American Cancer Society, the Illinois Drug Enforcement Officers Association, Equality Illinois, the American Association Retired Persons, the Society Professional Journalists, the Illinois Equal Justice Foundation, the Illinois Association Chiefs Police, and the Illinois Environmental Council. November 2002, Attorney General Madigan became the first female elected serve the Illinois Attorney General, and one only handful female Attorneys General the country. She was elected second term November 2006, earning the largest vote total any statewide candidate that election. 
Before her election Attorney General, Madigan served the Illinois Senate and worked litigator for Chicago law firm. Prior becoming attorney, she was teacher and community advocate, developing after-school programs help keep kids involved education and away from drugs and gangs. Madigan also volunteered high school teacher South Africa during apartheid. Madigan earned her bachelor's degree from Georgetown University and her J.D. from Loyola University Chicago School Law. She and her husband, Pat Byrnes, have two daughters. 

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