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Public Policy

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.

ETA Urges House to Put Tax Reform in the Shopping Cart and Proceed to Checkout

Washington, D.C. – November 13, 2017 – The following statement is attributed to Jason Oxman, CEO, Electronic Transactions Association (ETA), the trade association of the global payments technology industry, regarding H.R. 1: “The American tax system has not been updated in more than 30 years and the payments industry is…

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ETA Joint Letter to MA Department of Revenue – Opposing 1099K Changes

ETA submitted the attached joint comment letter to the Department of Revenue in Massachusetts opposing the proposed change to the reporting requirements for third party settlement organizations which would lower the requirement to issue a 1099K form from the federal levels ($20,000 and 200 transactions) to $600 and no transaction…

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ETA Statement on Joseph Otting Senate Confirmation to Lead OCC

Washington, DC – November 16, 2017 – The following statement regarding the confirmation of Joseph Otting to lead the Office of the Comptroller of the Currency (OCC) is attributed to Jason Oxman, Chief Executive Officer of the Electronic Transactions Association (ETA), the trade association of the global payments technology industry.…

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ETA Applauds the House for Passing Tax Reform

Washington, D.C. – November 16, 2017 – Electronic Transactions Association (ETA) CEO Jason Oxman issued the following statement today after the House passed tax reform legislation. “We applaud the House for passing tax reform legislation. As the industry that makes commerce possible by processing more than $6 trillion in purchases…

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ETA Statement on CFPB Director Richard Cordray

Washington, DC – November 15th, 2017 – The following statement regarding Consumer Financial Protection Bureau (CFPB) Director Richard Cordray is attributed to Jason Oxman, Chief Executive Officer of the Electronic Transactions Association (ETA), the trade association of the global payments technology industry. “We thank Director Cordray for his service at…

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ETA Applauds Retention of Tax Treatment for Stock Options In Chairman’s Mark

Washington, D.C. – November 15, 2017 – Electronic Transactions Association (ETA) Senior Vice President Scott Talbott issued the following statement today after the Senate Finance Committee removed changes to the taxation of non-qualified deferred compensation plans originally proposed in Section III(H)(1) of the Tax Cuts and Jobs Act. “We are…

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ETA Submits Letter to House Committee on Ways and Means in Support of H.R. 1

The Electronic Transactions Association (“ETA”), supports H.R. 1, “Tax Cuts and Jobs Act”, scheduled for mark-up today. We urge you to report the bill out favorably. 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…

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ETA Submits Letter to Senate Committee on the Judiciary, Expressing Support for the USPTO IPR Program to Protect Patent Quality, Innovation, and Economic Growth

ETA, along with several other interested trade associations, submitted the attached letter to the Senate Judiciary Committee in advance of the committee’s consideration of Andrei Iancu to be USPTO Director. This letter emphasizes our strong support for the USPTO IPR program and other policies to promote patent quality, innovation, and…

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ETA Applauds the Release of the Tax Cuts and Jobs Act

Washington, D.C. – November 2, 2017 – The following statement is attributed to Jason Oxman, CEO, Electronic Transactions Association (ETA), the trade association of the global payments technology industry, regarding today’s release of the Tax Cuts and Jobs Act: “We applaud House leadership and the Ways and Means Committee for…

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ETA Commends President Trump for Signing the Resolution Repealing the CFPB’s Arbitration Rule

Washington, D.C. – November 1, 2017 – The following statement is attributed to Jason Oxman, CEO, Electronic Transactions Association (ETA), regarding President Trumps signing of the Consumer Financial Protection Bureau’s (CFPB) rule on forced arbitration: “We applaud President Trump for signing the resolution repealing the CFPB’s rule against arbitration. Arbitration…

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ETA submits comments to the BASEL Committee Consultative Document, “Implications of Fintech Developments for Banks and Bank Supervisors”

ETA’s comments to the BASEL Committee Consultative Document – Implications of Fintech Developments for Banks and Bank Supervisors – make ten recommendations for financial institutions and regulators to consider when addressing the changes brought on by FinTech. In general, the recommendations take existing regulatory principles like safety and soundness, tailoring…

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ETA OFFICE OF GOVERNMENT AFFAIRS

Scott Talbott
Senior Vice President of Government Affairs
202.677.7403
stalbott@electran.org

PJ Hoffman
Director of Regulatory Affairs
202.677.7417
PJhoffman@electran.org

 

Rebecca Cantrell
Senior Manager, Government Affairs
202.677.7418
rcantrell@electran.org

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.