Par Anonyme (non vérifié), le lun, 03/29/2010 - 19:39.
Lobbyists for the payday loan industry may be trying to head off more state regulation. A new report from the Wisconsin Democracy Campaign shows that industry spent more than $650,000 lobbying against new regulations. It also contributed almost $75,000 to state policy makers last year. WDC executive director Mike McCabe says the figures show the industry is a big player in state politics and it also offers some insight into why lawmakers have had a hard time passing regulations this session. Lawmakers will end their session next month and are expected to be on the floor for just a few days. McCabe says it’s doubtful they’ll be able to reach a consensus on reforms before wrapping up for the year.
Lobbyists for the payday loan industry may be trying to head off more state regulation. A new report from the Wisconsin Democracy Campaign shows that industry spent more than $650,000 lobbying against new regulations. It also contributed almost $75,000 to state policy makers last year. WDC executive director Mike McCabe says the figures show the industry is a big player in state politics and it also offers some insight into why lawmakers have had a hard time passing regulations this session. Lawmakers will end their session next month and are expected to be on the floor for just a few days. McCabe says it’s doubtful they’ll be able to reach a consensus on reforms before wrapping up for the year.