Coffee with Closers

Is Congress Coming After Your Credit Card Rewards Points? A Conversation with ICBA’s Anne Balcer

March 09, 2023 Pinkston Season 2 Episode 5
Coffee with Closers
Is Congress Coming After Your Credit Card Rewards Points? A Conversation with ICBA’s Anne Balcer
Show Notes

Joining us on this week’s episode of Coffee with Closers is Anne Balcer,  Senior Executive Vice President, Chief of Government Relations and Public Policy at the Independent Community Bankers of America (ICBA). 

Anne explains why a highly controversial push in Congress aimed at regulating credit cards would increase costs for Main Street banks and put consumers’ rewards programs and card security protections in jeopardy. She also weighs in on why efforts to get the U.S. Postal Service into the banking business is a bad idea and why ICBA will continue to advocate for legislation allowing cannabis-related businesses to have access to the banking system in states where it is legal.