Wells Fargo’s Flex Loan program is a labyrinth of unclear eligibility requirements and a baffling case of vanishing funds.
Category: Legal and Judicial
Rio Rancho, NM – The Southwest Public Policy Institute (SPPI) strongly condemns the Consumer Financial Protection Bureau (CFPB) for alleged racial discrimination against at least 85 Black and Hispanic employees. This follows news that the U.S. District Court for the District of Columbia has approved a $6 million settlement of class claims of alleged discrimination […]
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 […]
The Southwest Public Policy Institute (SPPI) has announced its support for the impeachment efforts against Governor Lujan Grisham led by Representative Stefani Lord. This nonpartisan movement of Republicans, Democrats, and New Mexicans across the state is seeking to protect the Constitutional rights of all New Mexicans. This emergency order has received stark criticism from across […]
Albuquerque, NM — The Southwest Public Policy Institute (SPPI) today expressed its disappointment with the New Mexico Secretary of State’s office over the unexpected delay in finalizing a previously announced settlement agreement. Despite receiving verbal confirmation of a settlement, and a statement from Linda Bachman, Director of Legislative and Executive Affairs for the Secretary of State’s office, […]
Albuquerque, NM – The Southwest Public Policy Institute (SPPI), a non-profit organization dedicated to transparency and integrity in public policy, announced today that it has initiated a lawsuit against the City of Albuquerque and Ethan Watson, in his official capacity as the City Clerk, alleging violations of the New Mexico Inspection of Public Records Act […]
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 […]
This announcement is also available as a PDF. Albuquerque, NM – The Southwest Public Policy Institute (SPPI) is pleased to announce that it has reached a $22,000 settlement with the New Mexico Secretary of State (NMSOS) in its lawsuit over an improperly denied Inspection of Public Records Act (IPRA) request. The case, which revolved around […]
Eco-alarmists stage another assault on the American Southwest’s mineral bonanza.
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 […]