Following the Second Circuit Court of Appeals’ decision to throw out New York's Department of Financial Services’ legal challenge to the Office of the Comptroller…
At a Senate Banking Committee hearing with the nations’ 6 largest bank CEOs, U.S. Senators Sherrod Brown (D-OH) and Jack Reed (D-RI) announced their intent…
After the U.S. Senate voted to overturn the OCC’s True Lender Rule under the Congressional Review Act, Online Lenders Alliance Executive Director Andrew Duke issued…
Today, the Senate Banking Committee hosted a hearing titled, “The Reemergence of Rent-a-Bank?” Online Lenders Alliance (OLA) Executive Director Andrew Duke issued the following statement after the…
Today, the House Financial Services Subcommittee on Consumer Protection & Financial Institutions hosted a hearing titled, “Banking Innovation or Regulatory Evasion? Exploring Trends in Financial…
Following the release of The Competitive Enterprise Institute’s new report Online Lenders Alliance issued the following statement from Director of Research and Policy, Justin…
After the Consumer Financial Protection Bureau released its 2020 Consumer Response Annual Report, Online Lenders Alliance CEO Mary Jackson issued the following statement: “In a…
Following reports that U.S. Democratic Senators will introduce a resolution to undo the OCC’s true lender rule, Online Lenders Alliance CEO Mary Jackson provided the…
After Illinois Governor J.B. Pritzker signed SB 1792 into law, thereby limiting interest rates on various forms of credit in the state of Illinois, the…