This is a perfect example of the OCC trying to preempt States' ability to protect their people from unlawful, high-cost, harmful loan products.
Josh Stein: “This is a perfect example of the OCC trying to preempt States' ability to protect their people from unlawful, high-cost…”
Editor's note · Context
Stein critiques the OCC for undermining state protections against predatory lending.
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