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Attorney General Ellison condemns effort that is federal let predatory loan providers make the most of customers

Attorney General Ellison condemns effort that is federal let predatory loan providers make the most of customers FDIC guideline will allow payday as well as other predatory lenders to skirt state usury laws and regulations AG Ellison joins bipartisan coalition urging withdrawal of guideline they say violates legislation, administrative authority February 6, 2020 (SAINT PAUL) — Minnesota Attorney General Ellison has joined a bipartisan coalition of 24 lawyers basic in opposing a proposition because of the Federal Deposit Insurance Commission…