NACHA Government Relations Update - Jan. 19, 2017

Posted January 18, 2017

2017 Presidential Inaugural Schedule
The 2017 Presidential Inaugural weekend commences today (Jan. 19) with a wreath laying ceremony at Arlington National Cemetery. Find a schedule of events here.
 
 
Congressional FinTech and Payments Caucus Announces 115th Congress Co-Chairs
The Congressional FinTech and Payments Caucus (CFTPC) announced Congressman Patrick McHenry (NC-10) and Congressman Randy Hultgren (IL-14) will join Congresswoman Kyrsten Sinema (AZ-09) and Congressman David Scott (GA-13) as caucus co-chairs for the 115th Congress. 
 
The Congressional FinTech and Payments Caucus is an informal group of Members dedicated to innovation, growth and education in the emerging fintech space – the moniker given to the rapid technological innovation occurring in any number of financial services, such as payments, insurance, lending, deposits, and raising capital. The Caucus serves as a marketplace of ideas for Members and their staff to learn and better understand how fintech is revolutionizing the way consumers and businesses will receive financial services tomorrow.
 
NACHA Government Affairs will continue advocating on behalf of the ACH network to Caucus Members through our strong ties and engagement.
 
 
Hensarling Announces Committee Leadership Team
On Jan. 6, 2017, House Financial Services Committee Chairman Jeb Hensarling announced his new Committee Leadership Team, in which he has promoted three members to Financial Services subcommittee chairmanships for the first time. Chairman Hensarling also announced the creation of a new subcommittee that will investigate the financial support networks used by terrorists and others who threaten national security. The new subcommittee will build off of the work done by the committee’s Task Force to Investigate Terrorism Financing, which issued a report of its investigation in December.
 
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Congressional Payments Technology Caucus Rebrands to Reflect Expanded Purpose
Starting on Jan. 3, 2017, The House Congressional Payments Technology Caucus will officially be rebranded under a new name - The Congressional FinTech and Payments Caucus (CFTPC). According to their staff, this change reflects a new and expanded purpose to encompass all aspects of the fintech industry. The Caucus will continue to function as a bi-partisan, educational resource for Members, staff, and industry stakeholders.
 
Statement of Purpose - Congressional Fintech and Payments Caucus
The Congressional FinTech and Payments Caucus is an informal group of Members dedicated to innovation, growth and education in the emerging fintech space---the moniker given to the rapid technological innovation occurring in any number of financial services, such as payments, insurance, lending, deposits, and raising capital. The Caucus serves as a marketplace of ideas for Members and their staff to learn and better understand how fintech is revolutionizing the way consumers and businesses will receive financial services tomorrow.
 
Legislative Tool Kit
House 2017 Calendar
Senate 2017 Calendar
 

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