News
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Statement from Online Lenders Alliance CEO Mary Jackson on OCC’s “Fair Access” Rule
“As we saw with Operation Choke Point, pushing thousands of legal, licensed, and regulated companies out of business by cutting off their access to the U.S. banking system is a gross misuse of government power. It circumvented the legislative and policymaking processes to unfairly punish legitimate organizations. “The government was
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Statement from Online Lenders Alliance CEO Mary Jackson Congratulating Joe Biden on Being Elected 46th President of the United States
With Joe Biden now chosen by the American people to serve as the 46th President of the United States, Online Lenders Alliance CEO Mary Jackson issued the following statement: “On behalf of the Online Lenders Alliance, I want to congratulate President-elect Joe Biden and Vice President-elect Kamala Harris on being
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Statement from Online Lenders Alliance CEO Mary Jackson on OCC’s Finalization of “True Lender” rule
“Today’s action by the Office of the Comptroller of the Currency brings much-needed and long-overdue clarity to the financial system. While the pandemic has accelerated the process, consumer trends have been moving away from storefront banking and to online providers for quite a while. The rule that OCC announced today
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