U.S. Payment System Policy Issues: Faster Payments and Innovation

Research ReportCRS ReportVersion 4

R45927

U.S. Payment System Policy Issues: Faster Payments and Innovation

Published Sep 23, 2019Updated Jun 20, 2025

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The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.

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HR 3951116th Congress
Payments Modernization Act of 2019
Jul 24, 2019 · Referred to the House Committee on Financial Services.
S 2243116th Congress
Payments Modernization Act of 2019
Jul 30, 2019 · Committee on Banking, Housing, and Urban Affairs. Hearings held.

U.S. Payment System Policy Issues: Faster Payments and Innovation

Legislation this report covers