Tag: Government Relations Policy Updates
Attorney Generals from across the country called on Congress to take up cannabis banking legislation that would allow lenders to serve cannabis businesses that operate legally at the state level.
The purpose of the CFPB request was to propose a delay to the effective date of the mandatory underwriting provisions of the regulation promulgated by the CFPB in November 2017 governing Payday, Vehicle Title, and Certain High-Cost Installment Loans (the “Final Rule”).
Nacha’s 2019 Best Places to Work in Virginia award has been acknowledged in a Congressional Proclamation introduced by Nacha’s home district Representative, Gerald E. Connolly (D-Va.) and will appear in this week’s Congressional Record. Nacha’s accomplishment has now been recognized by the U.S.
Nacha’s Government Relations team has been busy meeting with new committee staff members on both The House Financial Services Committee and Senate Banking Committee to advocate for the ACH Network and discuss 2018 network growth for both Same Day ACH and traditional ACH.
The government and industry relations team was able to attend a U.S. Senate Proclamation acknowledging Nacha’s recognition as One of the Best Places to Work in Virginia.
On Dec. 11, 2018, Nacha’s Government Relations Advisory Group (GRAG) held its annual meeting at the Capitol Hill Club.
On Dec. 3, 2018, Nacha filed a comment letter on the Federal Reserve’s Request for Comments on Potential Federal Reserve Actions to Support Interbank Settlement of Faster Payments (the “RFC”).