Public Policy News
ETA Government Affairs is dedicated to being the premier voice of the payments industry in Washington and around the country. We advance the interests of our members before policy makers and industry groups.
ETA is the premier payments industry advocate and we keep our members up to date on legislative and regulatory decisions impacting our industry.
As you assemble the FY 2018 omnibus appropriations bill, we hope you would retain provisions of the FY ‘18 Financial Services General Government Appropriations bill based on the bipartisan IRS Data Verification Modernization Act, H.R.3860. This bill would require small tech upgrades at the IRS which would produce great benefits…More . . .
ETA submitted comments in response to Payments Canada’s request for comment on its Modernization Target State. In its comments ETA offered support for Payments Canada’s vision for modernization and specifically the introduction of a Real-Time Rail (“RTR”) to serve as a platform for innovation in the Canadian payments ecosystem. ETA…More . . .
H.R. 3299 provides a legislative solution to the uncertainty created by the Second Circuit case Madden v. Midland The Electronic Transactions Association (ETA) released the following statement from CEO Jason Oxman following the House Passage of H.R. 3299, the Protecting Consumers’ Access to Credit Act: “Passage of the bill by…More . . .
ETA submitted a statement for the record to the House Ways & Means Subcommittee on Oversight for its Member day hearing on legislation to improve tax administration. In this statement ETA calls on Congress to work with the IRS to implement electronic payments for federal income tax refunds. Federal income…More . . .
ETA recently submitted a document outlining policy considerations to foster economic growth and innovation to the House Committee on Financial Services. In this document ETA calls for a positive regulatory environment and outlines the following proposals to achieve that goal: 1. Support the OCC FinTech Charter and ILC Charters 2.…More . . .
WASHINGTON, D.C. – JANUARY 25, 2018 – The following statement can be attributed to Jason Oxman, CEO of the Electronic Transactions Association (ETA): “We applaud the leadership of the CFPB in extending the overall effective date of the prepaid rule. The extension of the overall effective date to 2019, as…More . . .
The undersigned organizations, representing companies across the American economy, take the stewardship and protection of customers’ personal information very seriously. That is why we support federal legislation to protect personal information and, in the event of a data breach that could result in identity theft or other financial harm, ensure…More . . .
Washington, D.C. – December 22, 2017 – Electronic Transactions Association (ETA) CEO Jason Oxman issued the following statement today after President Trump signed major tax reform legislation into law: “We applaud Congress for enacting, and the President for signing, this landmark tax reform legislation. This historic tax reform will strengthen…More . . .
Washington, D.C. – December 21, 2017 – We were very pleased with the announcement from the CFPB that they will issue an extension on the prepaid rule. We thank the CFPB for acknowledging the challenges with implementing the rule and we applaud the Bureau for allowing additional time to comply.More . . .
Washington, D.C. – December 20, 2017 – Electronic Transactions Association (ETA) CEO Jason Oxman issued the following statement today after the House of Representatives and U.S. Senate passed tax reform legislation. “We applaud Congress for enacting this landmark tax reform legislation which will strengthen the economy by lowering the corporate…More . . .
The Electronic Transactions Association (“ETA”), supports H.R. 1, “Tax Cuts and Jobs Act.” We urge you to vote for the bill. H.R. 1 is welcome news for American businesses, consumers, and the U.S. economy. The U.S. has one of the highest corporate tax rates and the most complex tax code…More . . .
ETAPAC is the the political action committee of the payments industry. ETAPAC is an important tool that will allow ETA to more effectively represent your interests in Washington, DC. ETA is working hard on your behalf to explain to the US Congress why the payments industry is vital to the continued economic growth of the United States.