Policy Priorities
Supporting modernization of the payments system to improve consumer experiences and lower enterprise costs while combatting illicit activities.
TN: Joint Industry Letter to Veto HB 2502
NY: Industry Joint Letter in Opposition of A148 International Wire Transfer Fee
LA: AFC Letter in Support of HB 1230
Federal: AFC Response to Trump Account Pilot Program
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