Wrestling Payments

Washington Update


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Episode Summary

Wrestling Payments kicks off 2026 with a trip to the Hill. Host Joe Casali sits down with William Sullivan, Associate Managing Director of Government and Industry Relations at Nacha, for a wide-ranging Washington update on the policies shaping the future of payments.

William breaks down the latest twists in open banking rulemaking—including a potential reversal on whether financial institutions can charge for data access—and explains why stablecoin legislation remains gridlocked between banking and crypto interests. He offers a candid look at the political dynamics slowing progress on the Clarity Act, cannabis banking, and check reduction efforts, showing how competing priorities and election-year pressures keep even common-sense reforms stuck in neutral.

Throughout the conversation, William emphasizes that advocacy and engagement aren't optional—payment professionals need to understand these shifts and make their voices heard before the rules are written.

Guest-at-a-Glance

William Sullivan Associate Managing Director, Government & Industry Relations, Nacha Leads Nacha's advocacy and industry relations efforts, delivering actionable insights on ACH network policy, payment regulation, and legislative developments affecting financial institutions. www.nacha.org 

To hear this episode and many more like it, listen here or subscribe to Wrestling Payments on Apple Podcasts, Spotify, or anywhere else you listen to podcasts. For show notes, transcripts, and other resources visit www.wrestlingpayments.com.

Host: Joe Casali, EVP, NEACH #wrestlingpayments #wrestlingpaymentspodcast #paymentspodcast

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