Policy Priorities
Supporting modernization of the payments system to improve consumer experiences and lower enterprise costs while combatting illicit activities.
UT: Testimony in Opposition of HB 141
AZ: AFC Request to Governor Hobbs to Veto SB 1421
Federal: AFC Response to Federal Reserve Regulation J FedNow Service Rulemaking
TN: Joint Industry Letter to Veto HB 2502
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) Encourages Federal Reserve to Use Payment Account Prototype to Reduce Access Frictions and Advance Innovation
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