Pay Day Loans

Claiming Federal Inaction, Newsom Signs Bills to Protect California Consumers

SACRAMENTO, Calif. (CN) — Citing inaction by the Trump administration, California Governor Gavin Newsom on Friday signed a consumer protection bill giving state regulators greater ability to fight predacious debt collectors and lenders. (AP Photo/Rogelio V. Solis) Intended as a junior version of the federal Dodd-Frank Act, Newsom said the bill is a warning to…