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 […]
Category: New Mexico
The Southwest Public Policy Institute is pleased to announce the completion of a recent survey focusing on the appropriateness of book content in school libraries. This survey was conducted from November 14th to 16th and engaged parents of students attending Las Cruces Public Schools. A total of 55 parents participated in this important survey, offering […]
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 […]
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 […]
New Mexico stands on the cusp of a golden era, with its oil and gas boom enriching the state’s coffers to unprecedented levels. Now is the time to ensure that this wealth directly benefits the very people who make New Mexico vibrant and unique: its residents. Drawing inspiration from Alaska’s Permanent Fund Dividend (PFD), it’s […]
In 1986, Ronald Reagan quipped that the “nine most terrifying words in the English language are: ‘I’m from the government, and I’m here to help.’” Well, New Mexico’s government is “helping” again. In July, Gov. Michelle Lujan Grisham announced regulations for “Advanced Clean Cars and Advanced Clean Trucks.” The dictates — crafted by New Mexico […]
Employment growth slows to nearly nothing in the Centennial State.
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, […]
A gusher of opportunity in the Permian Basin, as Kern County faces a frightening future.