Federal 'Payments Charter' Threatens Turf Battle Between D.C. and the States

The Financial Brand cited Ballard Spahr's Consumer Finance Monitor podcast in their article examining the idea of a limited federal charter specifically for nonbank payments companies, and the potential for conflict between federal and state banking regulators as a result.

In the firm's CFM podcast episode "Should Congress Create a New Federal Charter for Non-Bank Payments Companies?", repeat guest Professor Dan Awrey of Cornell University spoke about this issue.

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