Browsing: Payments

Newsbytes

As Congress today passed the $1.9 trillion COVID-19 relief bill—which includes an additional round of economic impact payments for eligible taxpayers—ABA joined a coalition of financial and consumer advocacy groups urging Treasury Secretary Janet Yellen to support standalone legislation to ensure that these payments are shielded from assignment and garnishment.

Newsbytes

As Congress considers an additional COVID-19 rescue bill, ABA today joined a coalition of 17 other financial trade groups calling on lawmakers to include language in the bill to ensure that any economic impact payments will be protected from assignment or garnishment.

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