Hawaii A.G. Connors Urges Congress to Rescind a Proposal Allowing Predatory Lenders to Take Advantage of Consumers
April 23, 2021
April 23, 2021
HONOLULU, Hawaii, April 23 -- Hawaii Attorney General Clare E. Connors issued the following news release:
Hawaii Attorney General Clare E. Connors joined a bipartisan coalition of 25 attorneys general led by Illinois Attorney General Kwame Raoul in urging Congress to use the Congressional Review Act to rescind the Office of the Comptroller of the Currency's (OCC) True Lender Rule. The rule would sanction high-cost lending schemes that are devised to evade state usury laws. Such . . .
Hawaii Attorney General Clare E. Connors joined a bipartisan coalition of 25 attorneys general led by Illinois Attorney General Kwame Raoul in urging Congress to use the Congressional Review Act to rescind the Office of the Comptroller of the Currency's (OCC) True Lender Rule. The rule would sanction high-cost lending schemes that are devised to evade state usury laws. Such . . .