American Fintech Council CEO Phil Goldfeder Responds to 2026 U.S. Midterm Election Results
By Lauren Towner · 4 November 2026
In brief: American Fintech Council CEO Phil Goldfeder urged the new Congress to prioritize responsible innovation and bipartisan financial policy following the 2026 U.S. midterm elections.
| Organization | American Fintech Council |
|---|---|
| Event | 2026 U.S. Midterm Elections |
| Primary Spokesperson | Phil Goldfeder |
Quick Summary
The American Fintech Council (AFC) has called for bipartisan legislative cooperation following the 2026 U.S. midterm elections. CEO Phil Goldfeder emphasized that responsible financial innovation must remain a priority to ensure working families maintain access to affordable, transparent, and modern financial services regardless of political shifts.
How Will the Midterm Results Impact Fintech Regulation?
The American Fintech Council maintains that while elections shift the legislative focus, the core mission of expanding financial opportunity remains constant. The AFC intends to work with both new and returning members of the House and Senate to ensure that responsible innovation is not sidelined by partisan politics. By advocating for clear regulatory frameworks, the council aims to protect the progress made in digital finance.
- Bipartisan collaboration is essential for establishing consistent "rules of the road."
- Focus remains on lowering consumer costs through technological efficiency.
- Support for mission-driven community banks remains a top legislative priority.
What Are the AFC’s Priorities for the New Congress?
The primary goal for the American Fintech Council is the establishment of consistent federal rules that empower innovators while protecting consumers. Goldfeder highlighted that greater transparency and expanded financial choices are the ultimate metrics of success. The council will continue to bridge the gap between fintech innovators and traditional community banks to foster a more inclusive financial ecosystem.
FF NEWS TAKE:
The American Fintech Council is making a strategic move by immediately signaling its readiness to work with any political configuration. In an era of high regulatory scrutiny, the AFC’s focus on responsible innovation as a bipartisan issue is the right play. This announcement moves the needle by reinforcing that fintech is no longer a niche sector but a critical infrastructure component for everyday American families that requires stable, non-partisan policy support.
Frequently asked questions
What is the American Fintech Council's stance on the 2026 election results?
The American Fintech Council (AFC) views the election results as a prompt to double down on bipartisan collaboration. CEO Phil Goldfeder stated that providing working families with access to safe and affordable financial services is a priority that transcends party lines, regardless of the makeup of the House and Senate.
How does the AFC plan to work with the new Congress?
The AFC plans to collaborate with leaders across the political spectrum to establish clear and consistent 'rules of the road.' Their goal is to empower responsible fintech innovators and community banks to deliver lower costs and greater transparency for American consumers.
What are the AFC's main policy goals for the upcoming legislative session?
The AFC is focusing on responsible innovation, consumer protection, and expanding financial choices. They aim to ensure that legislative agendas support mission-driven community banks and fintech firms in providing modern financial services to everyday Americans.
About the companies
Companies in this story: American Fintech Council
People in this story: Phil Goldfeder