Alberts Explains How Trump Policy Will Affect Payments Industry
In a recent article for Paybefore, Partner Jeffrey Alberts, Co-Chair of Pryor Cashman’s FinTech and Financial Institutions Groups, explored how President Trump’s future policies could impact the payments industry.
Specifically, Alberts examined statements made by Trump and key influencers regarding plans to “dismantle” the Dodd-Frank Act, overhaul federal regulation of the payments industry and reshape the Consumer Financial Protection Bureau (CFPB).
Additionally, he discussed how state regulators, such as the New York Department of Financial Services, are likely to increase their efforts to regulate payments companies in response to the Trump administration’s position on decreased federal oversight.
Read Alberts’ predictions in “Viewpoint: What Can the Payments Industry Expect from Trump.”
More About Alberts’ Practice
As co-leader of Pryor Cashman’s FinTech Group, Jeffrey Alberts has extensive knowledge of the growing virtual currency sector and government efforts to regulate virtual currency companies.
He is frequently sought after by the media and industry organizations for his insights in these areas and is a participating attorney in the newly-launched Digital Currency & Ledger Defense Coalition (DCLDC), an organization which protects individual constitutional rights and civil liberties in connection with regulatory and law enforcement scrutiny on digital currencies and ledgers.
To learn more about Alberts’ work, please visit here.
