SYNCHRONY FINANCIAL

Financial Institutions/Investments/Securities

Implementation of Public Law 115-174 (S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act: entire bill, including Social Security Administration to modernize identification verification system) Identity and Fraud issues, including synthetic identity fraud and credit washing Tax reform (Tax Cuts and Jobs Act of the 115th Congress and Americas Job Plan): issues related to net operating loss (NOL) carryback provision, corporate tax rate Issues relating to the Consumer Financial Protection Bureau, including ESIGN, implementation of Sec. 1071, and general credit card issues Issues relating to the Financial Stability Oversight Council and the Federal Accounting Standards Boards Current Expected Credit Loss (CECL) standards Issues relating to consumer credit, including Buy Now and Pay Later and the MAPR of the Military Lending Act (including H.R. 5974/S. 2508, the Veterans and Consumers Fair Credit Act and S. 4072, the Empowering States Rights to Protect Consumers Act); Issues relating to privacy (including H.R. 8152, the American Data Privacy and Protection Act); Issues relating to data security (no bill); Issues relating to cybersecurity of the financial services industry (no bill); Issues relating to FCC interpretations of the Telephone Consumer Protection Act (TCPA) (no bill) Issues related to diversity and inclusion (no bill) Industrial Loan Company Issues (H.R. 5912, the Close the ILC Loophole Act) Issues related to arbitration in consumer agreements Issues related to pandemic effects on supply chain and global trade (including S. 3309, the Securing Semiconductor Supply Chains Act of 2021)

TargetedSENATE · HOUSE OF REPRESENTATIVES

Taxation/Internal Revenue Code

Tax reform (Tax Cuts and Jobs Act of the 115th Congress and Americas Job Plan): issues related to net operating loss (NOL) carryback provision impact on financial services industry and state income tax relief for remote and mobile workers, corporate tax rate.