04/20/2022
https://www.msnbc.com...
"Under the previous Administration, banking regulators wrote rules the way the banking industry wanted, created loophole after loophole for bad actors, and put the interests of the wealthy and the powe..."
"The idea of protecting borrowers from usury dates back to the Code of Hammurabi, to the Bible, to the Koran..."
"The new rule you have put in place says let us look at the paperwork, and if the bank's name is on the paper, that is what is going to control."
"Under your rule, if a payday lender arranges a loan for a consumer, it is subject to State usury laws."