Policy Priorities
Supporting modernization of the payments system to improve consumer experiences and lower enterprise costs while combatting illicit activities.
MS: Industry Opposition Letter Against MS HB 362
MS: Industry Opposition Letter Against MS SB2828
NE: Joint Industry Letter in Opposition of NE LB 1174
UT: Testimony in Opposition of UT HB 141
Trump imposes new remittance tax
U.S. Lawmakers Ponder A Remittance Tax
Remittance Tax Critics Warn of Unintended Consequences
Remittance tax draws fintech pushback
American Fintech Council (AFC) Urges Florida and Missouri Lawmakers to Reject Remittance Legislation That Undermines Law Enforcement and Consumer Access
American Fintech Council (AFC) Urges Treasury To Combat Illicit Activity in Digital Assets By Incentivizing Responsible AI Usage and Ensuring Unimpeded Data Movement
American Fintech Council (AFC) Highlights Serious Concerns With Remittance Tax Provision in Budget Reconciliation Bill
Statement from American Fintech Council (AFC) Senior Vice President, Head of Policy and Regulatory Affairs, Ian P. Moloney, on the Department of the Treasury’s Federal Payments Framework