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David Ferreira ‌

David Ferreira

Director of Government Affairs

David D. Ferreira is an in-house lobbyist for the Center for responsible Lending, a Washington DC based consumer finance think tank and advocacy group. Prior to joining CRL, David was the principal of Ferreira Strategies LLC, a full service government relations firm based in Washington, DC. Mr. Ferreira is an accomplished government affairs and legislative policy specialist with over 20 years of expertise in public policy advocacy as well as federal appropriations, infrastructure authorizations, and overall political strategy and legislative procedures.

Prior to entering private practice, Mr. Ferreira was vice president for government relations at the United States Hispanic Chamber of Commerce. In this capacity, Mr. Ferreira oversaw all areas of government relations: policy formulation and advocacy, drafting and managing legislation, communications with Congress and government agencies, and successfully securing federal appropriations for the organization.

Over the years, Mr. Ferreira has served as a regular commentator on public policy and legislative issues with frequent appearances on outlets like NPR, Wall Street Journal, AP, Reuters, CNN, Univision and Telemundo. Mr. Ferreira also helped negotiate and manage the 2008 Democratic Presidential Debate in Las Vegas NV.

Prior to joining the USHCC in 2006, Mr. Ferreira was a senior advisor and legislative director for Congressman Joe Baca (D-CA). In this role, he successfully directed the Congressman’s efforts on his priority legislative projects and secured federal resources for the Congressional District through federal appropriations and authorizations.

Mr. Ferreira was also a White House appointee in the Clinton Administration, serving as special assistant for budget and appropriations to the chief financial officer at the U.S. Department of Energy. In this capacity he was responsible for aiding the CFO on appropriations and budget, and Congressional. These duties included aiding in the overall formulation of the DOE budget, the appeal of the OMB passback, and the process of external coordination with House Appropriations Committee staff.

Prior to his appointment in the Clinton Administration, Mr. Ferreira served as legislative assistant for appropriations to former Congressman Esteban Torres, a senior appropriator and the ranking Democrat on the Foreign Operations subcommittee.

In his personal capacity, Mr. Ferreira was involved with then Senator Obama’s initial presidential campaign. As an early supporter, he was also a founding member and leader within Latinos for Obama. Mr. Ferreira worked closely with the campaign, field, political and policy staffs to provide knowledge and expertise on Hispanic and small business issues. Those efforts stretched into aiding the Presidential Transition Team on issues related to small business and financial services.

In previous campaign cycles Mr. Ferreira has served as a GOTV consultant for the Democratic National Committee, was a founding member of Latinos for Dean, and has been involved in many other campaigns. Mr. Ferreira received his bachelor’s degree of international affairs from the George Washington University. He was a founding board member of the Hispanic Lobbyists Association, and is chair of the board of Advisors of Azul, a non-profit Hispanic-led ocean conservancy organization based in San Francisco, California.

Research & Policy

Residential PACE Financing Should be Subject to the Same Regulations that Apply to First-Lien Mortgages

Wednesday, July 26, 2023

Residential PACE Financing Should be Subject to the Same Regulations that Apply to First-Lien Mortgages

The undersigned organizations wrote in strong support of the Bureau’s proposed rule applying Regulation Z to Residential Property Assessed Clean Energy (PACE) loans. In the proposed rule, the Bureau correctly recognizes that PACE financing fundamentally acts as mortgage credit, yet is provided by underregulated or unsupervised entities that often exploit the lien priority granted to tax assessments. As a result...
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Letters to Congress
Mortgage Lending Clean Energy Transition

Letter for House Hearing: “Uncertain Debt Management: Treasury Markets and Financial Institutions”

Tuesday, June 6, 2023

Letter for House Hearing: “Uncertain Debt Management: Treasury Markets and Financial Institutions”

From the letter: We strongly believe many of the reforms being considered today will harm consumers and the financial markets. These misguided approaches will place every American taxpayer at risk by increasing the likelihood that our nation’s economy may suffer yet another financial crisis. There are two proposals that are especially concerning. The first increases the asset thresholds at which...
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Letters to Congress
Consumer Finance

Letter supporting FHFA Updates to Mortgage Pricing Framework and Opposing H.R. 3564

Tuesday, May 23, 2023

Letter supporting FHFA Updates to Mortgage Pricing Framework and Opposing H.R. 3564

This CRL letter to Congress expresses support for the Federal Housing Finance Agency (FHFA) updates to its mortgage pricing framework, including FHFA’s assessment on lenders of fees known as Loan Level Pricing Adjustments (LLPAs). The letter also urges Congress to reject H.R. 3564, the so-called Middle-Class Borrower Protection Act, a bill that would rescind FHFA’s recent updates.
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Letters to Congress
Mortgage Lending

Coalition Opposes Dangerous Package of Bills Titled the “CFPB Transparency and Accountability Reform Act”

Tuesday, April 25, 2023

Coalition Opposes Dangerous Package of Bills Titled the “CFPB Transparency and Accountability Reform Act”

From the introduction to the letter: On behalf of the undersigned national, state, and local organizations, we urge you to oppose the dangerous package of bills titled the “CFPB Transparency and Accountability Reform Act” that threaten the Consumer Financial Protection Bureau’s (CFPB) funding, organizational structure, and its ability to monitor the marketplace by impeding their rulemaking functions. This package would...
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Letters to Congress
Consumer Finance

Allow the CFPB’s Final 1071 Rulemaking to Proceed without Delay

Thursday, March 23, 2023

Allow the CFPB’s Final 1071 Rulemaking to Proceed without Delay

National CAPACD, NALCAB, and the Center for Responsible Lending submitted this letter to support the Consumer Financial Protection Bureau’s (CFPB) final Section 1071 regulation which will improve relationship banking by creating a robust and comprehensive data collection regime that helps ensure that small business lending is fair and accessible to entrepreneurs from all communities in the United States.
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Letters to Congress
Small Business

Letter Submitted to Subcommittee on Higher Education and Workforce Development hearing on the Implications of Biden's Student Loan Policies

Thursday, March 23, 2023

Letter Submitted to Subcommittee on Higher Education and Workforce Development hearing on the Implications of Biden's Student Loan Policies

CRL submitted this letter for the record on the Subcommittee on Higher Education and Workforce Development hearing entitled, "Breaking the System: Examining the Implications of Biden's Student Loan Policies for Students and Taxpayers."
More
Testimony
Student Loans

CRL Testimony for "Consumer Financial Protection Bureau: Ripe for Reform" Hearing

Thursday, March 9, 2023

CRL Testimony for "Consumer Financial Protection Bureau: Ripe for Reform" Hearing

The Center for Responsible Lending submitted a letter for the record on the House Committee on Financial Services’ Subcommittee on Financial Institutions and Monetary Policy hearing entitled, “Consumer Financial Protection Bureau: Ripe for Reform.” The letter details the importance of the CFPB and draws on new data from Republican polling firm Chesapeake Beach Consulting and Democratic firm Lake Research Partners...
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Testimony
Consumer Finance

Letter Supporting Senate Bill to Close Industrial Loan Company Loophole

Tuesday, December 6, 2022

Letter Supporting Senate Bill to Close Industrial Loan Company Loophole

In this letter, several financial services industry and consumer groups expressed support for legislation, introduced in the U.S. Senate, to close the industrial loan company (ILC) charter loophole, the “Close the Shadow Banking Loophole Act."
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Letters to Congress
Consumer Finance Payday and Other Small Dollar Loans

Banks, Credit Unions and Consumer Groups Urge Congress to Close the Industrial Loan Company Loophole

Tuesday, April 5, 2022

Banks, Credit Unions and Consumer Groups Urge Congress to Close the Industrial Loan Company Loophole

A broad coalition of bank and credit union associations and consumer organizations submitted a letter to the U.S. House Committee on Financial Services urging passage of the bipartisan Close the ILC Loophole Act. The bill would help prevent more companies from running what is essentially a bank without the necessary regulatory oversight.
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Letters to Congress
Payday and Other Small Dollar Loans

Coalition Urges SBA and Congress to Fix PPP Forgiveness Rules Unfairly Penalizing Microbusinesses

Thursday, February 17, 2022

Coalition Urges SBA and Congress to Fix PPP Forgiveness Rules Unfairly Penalizing Microbusinesses

CRL and more than 50 community development, civil rights and small business groups, including National Urban League, National Association for Latino Community Asset Builders, UnidosUS and National Coalition for Asian Pacific American Community Development are urging SBA and Congress to fix the Paycheck Protection Program’s current forgiveness rules so that microbusinesses can receive full forgiveness of their PPP loans. Urgent...
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Letters to Congress
Small Business

News

Tuesday, December 17, 2024

Nueva regla para la reducción de cargos bancarios

Friday, January 12, 2024

Senate fails to override veto of small-business data collection rule

Monday, October 2, 2023

Latinos con préstamos estudiantiles enfrentan desafíos adicionales con el reinicio de pagos

Monday, October 2, 2023

Latino student loan borrowers face extra challenges as payments restart

Thursday, March 9, 2023

House Panel Should Reject Bills that would Neuter Consumer Bureau and Benefit Predatory Lenders

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Building on Over 40 Years of Lending Experience

CRL’s expertise gives it trusted insight to evaluate the impact  of financial products and policies on the wealth and economic stability of Asian, Black, Latino, rural, women, military, low-wage, low-wealth, and early-career workers and communities.

CRL is an affiliate of Self-Help, one of the nation’s largest nonprofit community development financial institutions. Our work leverages the strength of partnerships with national and local consumer and civil rights organizations.

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