OGR’s Take: What Payments Leaders Need to Know About This Week on the Hill

Information provided to members by OGR

As Congress heads into a pivotal stretch, competing priorities and narrow margins are shaping what may or may not advance this fall. From tax policy to digital assets, key issues for payments and financial services leaders are in play.

In this week’s OGR’s Big Picture, available exclusively to IPA members, we cover:

• Why bipartisan tax items remain sidelined—for now—and how Child Tax Credit expansions and ACA premium tax credits could revive cross-party negotiations later this year
• The potential for not one, but two additional reconciliation bills in the coming months, and why industry leaders should take this possibility seriously despite political fatigue
• The Senate’s focus on advancing President Trump’s $9.4 billion rescissions package, the FY26 NDAA, and a Russia sanctions package with strong bipartisan backing
• House action on stablecoin legislation and the CLARITY Act, setting the stage for digital asset market structure rules by September 30
• How upcoming special elections could further tighten the House majority, adding unpredictability to the legislative outlook
  
  

And in Tuck’s Tax Take: Why it may be wise to assume another tax bill is coming—even if the odds feel slim.

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