The Consumer Bankers Association announced Tuesday that it has chosen Richard Hunt, a former senior managing director and top Republican lobbyist for the Securities Industry and Financial Markets Association, as its new president.

Hunt, who also spent 12 years working on Capitol Hill as the district manager and chief of staff for Rep. Jim McCrery, R-La., will take the helm of the CBA in June. Joe Belew, the group's longtime president, died in January.

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