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Friday, February 12, 2010

Republicans See Payday Stalling Lender's Regulations

The bill passed the Assembly Financial Institutions Committee 6-5, with all Republicans voting against it."You're in the soup," Rep. Dean Kaufert (R-Neenah) told Democrats. "Trying to rush this through, get it by, get the stories over - I don't know. It's not pretty."

Committee On Financial Institutions

The five Republicans who voted against passing the payday bill through committee are:

Brett Davis
Michael Huebsch
Dean Kaufert
Bill Kramer
Scott Newcomer

Wisconsin is the only state that does not regulate payday lenders.

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