FILE within Tuesday, Dec. 29, 2020, file image, might be U.S. Capitol in Washington. Congress on wednesday, June 24, 2021, overturned some regulation passed in last days of the Trump government that efficiently let pay day financial institutions to avoid county legislation capping percentage of interest. My house elected 218-208 to overturn any office belonging to the Comptroller of Currencys payday loaning regulation, with one Republican voting with Democrats. (AP Photo/Pablo Martinez Monsivais, Document)
NEW YORK (AP) — Congress on monday overturned a set of requirements introduced from inside the closing days of the Trump administration that successfully granted payday lenders to prevent yourself from county legislation capping interest rates.
My house voted 218-208 to overturn the Office associated with Comptroller of Currencys payday credit requirements, with one Republican voting with Democrats.