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.
September 7, 2017 Dear Congressman Luetkemeyer: The undersigned organizations support H.R. 2359, the “FCRA Liability Harmonization Act,” sponsored by Representative Barry Loudermilk. We greatly appreciate your attention and look forward to the Committee’s consideration of the legislation as soon as possible. As you know, the FCRA Liability Harmonization Act would…More . . .
September 7, 2017 ETA submitted a statement for the record in support of H.R. 2359, the FCRA Liability Harmonization Act to the House Financial Services Committee Subcommittee on Financial Institutions and Consumer Credit to be entered into the hearing record. The subcommittee held a hearing examining legislative proposals for a…More . . .
August 28, 2017 Via electronic submission to Comments@dfs.ny.gov Maria T. Vullo Superintendent of Financial Services New York State Department of Financial Services One State Street New York, New York 10004 Re: Emergency Rulemaking Permitted Use of Nationwide Multistate Licensing System and Registry (NMLS) in Submissions to the Department – I.D.…More . . .
August 14, 2017 The Electronic Transactions Association (ETA) filed comments to the Consumer Financial Protection Bureau (CFPB) today addressing proposed amendments to rules concerning prepaid accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z). ETA appreciates the Bureau responding to compliance challenges…More . . .
July 25, 2017 The Consumer Financial Protection Bureau (CFPB)’s final rule regulating arbitration agreements for consumer financial products and services will harm consumers. Many of the CFPB’s key findings cited to support its rules are not consistent with its study on arbitration and do not justify the imposition of limitations…More . . .
July 20, 2017 The Electronic Transactions Association applauds Rep. Keith Rothfus and Sen. Mike Crapo for introducing H.J. Res 111 and S.J. Res. 47, two bills which will use the only avenue for Congressional oversight to reverse CFPB’s anti-arbitration rule. ETA is encouraged by the leadership of Rep. Rothfus and…More . . .
May 17, 2017 On behalf of our member companies, many of which engage in the facilitation of remittance transfers, we write to express our concern with H.R. 1813, the Border Wall Funding Act of 2017. This legislation, which would subject remittance transfers from the U.S. to certain countries to a…More . . .
April 24, 2017 Dear Chairman Crapo and Ranking Member Brown: Thank you for the opportunity to submit proposals to promote economic growth and improve participation in the economy. The Electronic Transactions Association (“ETA”) is the leading trade association for the payments industry, representing over 500 companies that offer electronic transaction…More . . .
March 20, 2017 ETA has been busy this year in the state legislatures on behalf of our membership. Please follow this link to view a chart summarizing current state legislative issues. ETA will remain vigilant in opposition to expanded taxes on the payments industry.More . . .
March 17, 2017 Dear President Papen, The Electronic Transactions Association and NACHA are writing to express our concerns with H.B. 347, The Installment Loan Fee Limits and Literacy Fund Act. Our concerns are centered on section 1 and section 5 contained in H.B. 347. Please view ETA’s joint letter with…More . . .
March 10, 2017 I. Summary of Petitioners’ Arguments. The Petitioners are asking the Commission to issue a rule requiring written consent for all calls made to wireless and residential lines subject to TCPA restrictions. In a further effort to expand their opportunity for TCPA litigation, the Petitioners are seeking a…More . . .
ETA OFFICE OF GOVERNMENT AFFAIRS
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.