Elizabeth Warren actually said...

Under the previous Administration, banking regulators wrote rules the way the banking industry wanted, created loophole after loophole for b...

And because banks have an exemption from State usury caps, there would essentially be no limit as to what the payday lender could charge a b...

Under your rule, if a payday lender arranges a loan for a consumer, it is subject to State usury laws.

I think what you are saying to me is the OCC will be tough on banks.