Since 1863 when Congress passed the National Bank Act, the issue of federal preemption of state law, particularly in respect of interest rates, has generated conflict with the states. That issue continues to proliferate over 150 years later. This week, another shot was fired over the bow. The Attorneys General of 19 states and the … Continue reading 19 State Attorneys General Unite Against “Madden Fix” Bills
Colorado continues to provide bad press for marketplace lending
Colorado sued Avant and Best Egg. WebBank and Cross River sued Colorado.