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Welcome to another episode of Wrestling Payments.

In this episode of Wrestling Payments, Joe Casali speaks with Bill Sullivan, Associate Managing Director for Government and Industry Relations at Nacha, about the post-election political landscape and its implications for the payments industry. Bill analyzes the Republican control of the Senate, House, and Presidency, noting the unusual opportunity despite the narrow margins. He focuses on changes in the Senate Banking committee leadership, highlighting Tim Scott's likely ascension to majority leader. This creates a noteworthy dynamic with Senator Warren as the minority leader.

Bill suggests potential common ground between Scott and Warren on housing and anti-money laundering legislation. The discussion then moves to the House Financial Services Committee, where French Hill is poised to succeed the retiring Congressman McHenry. Hill's expertise on the ACH network is seen as a positive for Nacha and its members.

Finally, Bill addresses presidential appointments. He discusses the potential Treasury Secretary nominee Scott, emphasizing his focus on deficit reduction, economic growth, and support for the crypto industry. Bill also speculates about a possible "crypto czar" and other key roles. He concludes by noting the limited time for legislative action given the 2026 elections.

For show notes, transcripts, and other resources visit www.wrestlingpayments.com.

Guest: Bill Sullivan, Associate Managing Director for Government & Industry Relations, Nacha

Host: Joe Casali, EVP, NEACH

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