Page 2 - Monetary Control Act News Today

Monday, three trade organizations filed a complaint in Colorado federal court challenging H.B. 1229, Colorado’s effort to limit interest charges by out-of-state financial institutions,...

Banking news

On March 25, 2024, three consumer financial services industry trade groups filed a lawsuit asking the federal district court in Colorado to strike down recent Colorado legislation...

As a college student, I have grown accustomed to living a rather frugal lifestyle. Between food, books for class, rent, and much more, my finances are spread thin. Nonetheless, this has never been a big problem as I have benefited from quick credit options. Financial services like credit cards offer financially strapped individuals, such as...

House proposal would opt Minnesota out of federal law that has provided more credit options to more people.

On February 13, 2024, the Minnesota legislature introduced H.F. 3680, a bill that proposes to opt out of federal interest rate preemption by federally insured state-chartered banks or...

Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media

On February 12, ten Rhode Island senators introduced S 2275, a bill proposing to opt Rhode Island out of §§ 521-523 of the Depository Institutions Deregulation and Monetary Control Act...

More “true lender” laws are coming, as legislative bodies in Washington, Maryland, and the District of Columbia have introduced bills that would severely impact bank partnership...

Decades after apartheid South Africa, student activists face a new obstacle: the financialization of university endowments.