The 2022 passage of House Bill 132, which set a stringent cap of 36% on interest rates for consumer loans, is having its intended and significant repercussions on New Mexico’s financial landscape. This was no accident: by restricting the interest rates that small-dollar lenders can charge, the rate cap effectively marginalized an entire segment of […]
Recent research has shown that health care consolidations not only lower costs for health care consumers but also improve multiple indicators of quality patient care.
Components of the Inflation Reduction Act have the very real potential of inflating drug prices with arbitrary price controls. Consumers will pay the price.
The Southwest Public Policy Institute (SPPI) is honored to announce that its recent launch of the Bureau to Protect Financial Consumers from the Consumer Financial Protection Bureau (BPFCCFPB) has been covered by nationally acclaimed Fox Business. This pivotal coverage by Fox Business underscores the urgent need for initiatives like the BPFCCFPB, which aim to champion […]
Rio Rancho, NM — The Southwest Public Policy Institute (SPPI) has launched its own Bureau to Protect Financial Consumers from the Consumer Financial Protection Bureau (BPFCCFPB). The BPFCCFPB seeks to provide financial consumers with an avenue to report malfeasance from the Consumer Financial Protection Bureau (CFPB), such as their recent data breach which exposed users to malicious […]
Phoenix, AZ – The Southwest Public Policy Institute (SPPI) is thrilled to announce the recent addition of Becky Ingoglia, a distinguished Certified Public Accountant, to its Board of Directors. Becky brings over two decades of in-depth financial experience, having showcased her exceptional skills in cash management, financial forecasting, and precision accounting through her own firm, […]
In response to Fred Nathan’s (July 30) op-ed praising New Mexico’s efforts to end predatory lending, I must assert that the celebratory tone is premature and misguided. Two significant studies conducted by the Southwest Public Policy Institute — “No Loan For You!” published in March 2023 and “No Loan For You, Too!” published in June […]
Originally published at newsmax.com on August 1, 2023. The recent legal victory of Ripple Labs Inc. in the case brought by the U.S. Securities and Exchange Commission (SEC) over the sale of its XRP token marks a significant milestone for the cryptocurrency industry. This landmark ruling not only vindicates Ripple but also paves the way for much-needed […]
Albuquerque, NM — The Pew Charitable Trusts has “archived” their Consumer Finance project and reassigned Alex Horrowitz as Project Manager of their Housing Policy Initiative. Earlier this year, the Pew Charitable Trusts released a study that claimed that six of the eight largest banks now offer affordable small loans. In another study, Horowitz wrote: “Pew’s […]
If the CFPB is watching financial institutions for bad behavior, who’s watching the CFPB?
