House Financial Services Committee Issues Testimony From California State Assembly
February 06, 2020
February 06, 2020
WASHINGTON, Feb. 6 -- The House Financial Services Committee issued the following testimony on Feb. 5 by Monique Limon, chair of Banking and Finance Committee at the California State Assembly, at a hearing entitled "Rent-A-Bank Schemes and New Debt Traps: Assessing Efforts to Evade State Consumer Protections and Interest Rate Caps":
Thank you for holding this hearing and inviting me to testify on how rent-a-bank schemes undermine the roles of states in protecting consumers . . .
Thank you for holding this hearing and inviting me to testify on how rent-a-bank schemes undermine the roles of states in protecting consumers . . .