Video & Transcript Research : 'consumer lending'

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NM

New Mexico 2026 Regular Session

Senate - Rules Feb 16th, 2026 at 08:48 am

Senate Rules

Transcript Highlights:
  • If confirmed, I will lead with the vision that lends efficiency with humanity.
  • and the House side, had indicated... that they believe that true disclosure of PFAS chemicals in consumer
Keywords: 996, all
CA

California 2025-2026 Regular Session

Assembly Judiciary Committee Apr 22nd, 2025

Transcript Highlights:
  • The department does have authority under its Safer Consumer Products law to evaluate chemicals and consumer
  • Low Income Consumer Coalition, in support.
  • So, the California Low-Income Consumer Coalition, in support. Thank you. Good morning.
  • Robert Horel with the Consumer Federation of California, a proud co-sponsor.
  • Jason Terricone in the Consumer Protection section at the California Department of Justice.
Summary: The committee heard several bills, beginning with AB 1521, the Judiciary Committee’s civil law omnibus measure. The bill makes a number of minor, mostly clarifying changes, including repealing obsolete Government Code provisions, allowing juvenile courts to hear petitions to establish records of birth, death, or marriage, requiring notice of probate petitions to the Department of Child Support Services, and correcting typos in existing law. It had no opposition and was moved on a do-pass basis to Appropriations, though it was later placed on call pending additional votes. Members then heard AB 57, which would reserve at least 10% of California’s Home Purchase Assistance Program funds for descendants of formerly enslaved people. The author and supporters framed it as a reparative, race-neutral-by-lineage effort to address historic housing discrimination and the racial wealth gap, while opponents argued it was an unconstitutional racial proxy and should instead be based on individual injury. The bill drew strong support and opposition testimony, was amended, and was approved on a do-pass as amended vote to Appropriations, then placed on call. AB 495, the Family Preparedness Plan Act, was heard next. The bill would expand and standardize caregiving and guardianship tools for families facing immigration-related separation, including broader use of caregiver authorization affidavits, recognition of non-relative extended family caregivers, and a new short-term guardianship process that preserves parental rights. Supporters said it would reduce trauma and help children remain with trusted caregivers; there was no opposition testimony. The committee approved it on a do-pass to Human Services vote and placed it on call. The committee also heard AB 392, which would address non-consensual sharing of sexually explicit media by requiring uploader consent certifications, faster takedown procedures, and civil remedies against uploaders and hosting sites. A survivor testified in support, and members discussed implementation details and possible amendments; the bill was moved on a do-pass as amended basis to Appropriations and placed on call. AB 692, which would prohibit employer “stay-or-pay” debt agreements that require workers to repay training or other costs if they leave or are terminated, also advanced despite opposition from business and industry groups concerned about impacts on signing bonuses and voluntary training programs. It was sent to Appropriations on a do-pass as amended vote and placed on call, along with AB 1234, a wage-claim enforcement bill aimed at reducing Labor Commissioner delays and adding consequences for employers who fail to participate in the process. The committee also heard AB 394, which expands protections for transit workers and allows transit agencies to seek restraining orders against violent riders; it received broad support, some concern about system-wide bans, and was discussed with amendments that preserved judicial discretion.
CA

California 2025-2026 Regular Session

Assembly Public Safety Committee Jun 30th, 2026

Transcript Highlights:
  • They protect consumers during wildfires, earthquakes, floods, pandemics, and other natural disasters.
  • It doesn't add new consumer protections.
  • This bill gives Californians tools to protect consumers when they need it most.
  • Obviously, the purpose of price gouging, as you know, is to protect consumers win.
  • Obviously, because there's no lawful path for the lending. Thank you, sir.
Summary: The committee heard several bills, though no final votes were taken because a quorum had not yet been established. SB 493 by Senator Becker would add war or armed conflict to California’s price-gouging emergency triggers, with the author and supporters arguing it would protect consumers from gas-price spikes tied to international conflict. Opponents, including business and housing groups, warned the bill could over-trigger emergency powers and create broad, ongoing price controls. The chair indicated support for an aye-as-amended recommendation once quorum was reached. SB 1056 by Senator Grayson would require protective orders for disclosure of sexually explicit material involving adult victims in specified criminal cases. Denise Huskins-Quinn and Aaron Quinn testified in support, describing how sensitive evidence in their case was copied and handled without adequate safeguards; supporters said the bill would extend privacy protections similar to those already used for child sexual abuse material. Criminal defense attorneys supported the goal but raised concerns about notice procedures and how the bill would apply when material is in the public domain. The chair said the bill filled a gap in existing law and would receive an aye recommendation. SB 1208 by Senator Grayson would let law enforcement seize and return crypto assets used in scams and fraud to victims. The Attorney General’s office and law enforcement groups supported the bill as a tool to recover losses from transnational crypto fraud, while the ACLU and public defenders argued it lowered the burden of proof, raised constitutional concerns, and could be misused against unbanked or low-level defendants. The chair nevertheless said the bill aligned with existing law for stolen property and would be recommended aye. SB 874 by Senator Weber-Pearson would strengthen oversight of Medi-Cal behavioral health treatment services, including requiring background checks for employees of providers and convening a stakeholder workgroup; it drew support from the California Association for Behavior Analysis and no opposition was heard. Later, SB 1266 by Senator Stern would change how the value of stolen copper and related infrastructure damage is calculated, aiming to address copper theft and its costs to cities and utilities. Supporters said the bill would better capture the real harm from thefts that disrupt streetlights, telecom, and emergency services, while opponents argued it would inflate charges, turn many misdemeanors into felonies, and increase court and incarceration costs. The author said he would continue discussions and accept the amendments. Senator Cervantes presented SB 1379, which would separate the Riverside County sheriff and coroner offices and create an independent medical examiner; supporters cited in-custody death concerns and conflicts of interest, while opponents said the problem was not unique to Riverside and that the bill would override local control. Cervantes also presented SB 1418 to extend ballot-custody protections to other election records and equipment after a Riverside County ballot seizure, with support from the Attorney General’s office. Finally, Senator Blakespear began presenting SB 936 on nitrous oxide misuse, describing public health, impaired-driving, and disposal concerns, but the transcript cuts off before the bill’s testimony concluded.
TX

Texas 89th Regular

Senate Session May 29th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Freeman, thank you for lending your time to us yet again, and I hope we don't keep you too busy today
  • This ensures that consumers are getting accurate estimates before they start.
  • Additionally, it requires clear consumer disclosures about the risks associated with virtual currency
  • standards have added logistical complexity and increased costs that are ultimately passed on to consumers
  • Texas fuel regulations with nationally recognized standards to streamline implementation and support consumer
Bills: SJR5, SJR27, SB4, SB6, SB7, SB9, SB13, SB15, SB23, SB27, SB30, SB40, SB57, SB66, SB140, SB268, SB293, SB331, SB413, SB437, SB447, SB457, SB467, SB506, SB510, SB512, SB568, SB571, SB650, SB710, SB763, SB785, SB800, SB850, SB863, SB865, SB904, SB905, SB973, SB974, SB1191, SB1281, SB1300, SB1362, SB1494, SB1504, SB1522, SB1540, SB1567, SB1579, SB1580, SB1610, SB1660, SB1723, SB1760, SB1838, SB1923, SB1946, SB1957, SB1964, SB2018, SB2024, SB2121, SB2167, SB2217, SB2221, SB2321, SB2337, SB2368, SB2373, SB2407, SB2431, SB2477, SB2587, SB2615, SB2753, SB2807, SB2900, SB2965, SB2972, SB2986, SB3039, SB3047, SB3059, SB3070, SB1, SB8, SB12, SB13, SB15, SB17, SB21, SB30, SB37, SB260, SB268, SB331, SB379, SB441, SB447, SB457, SB509, SB650, SB763, SB1198, SB1405, SB1506, SB1566, SB1610, SB1637, SB1660, SB1833, SB2018, SB2024, SB2155, SB2217, SB2308, SB2337, SB2601, SB2753, SB2778, SB2878, SB2900, SB3059, HB4, HB145, HB300, HB493, HB2011, HB2067, HB2516, HB2525, HB2885, HB2974, HB3071, HB3372, HB3595, HB5138, HB5246, HB796, HB1523, HB5294, HB748, HB3395, HB180, HB3171, HB4690, HB146, HB5596, HB5694, HB1135, HB3225, HB186, HB1449, HB3793, HB112, HB104, HB4233, HB1094, HB3336, HB3520, HB3320, HB5663, HB2731, HB2399, HB111, HB3483, HB4580, HB3748, HB632, HB4730, HB127, HB5690, HB5689, HB3385, HB4359, HB5381, HB20, HB123, HB549, HB5606, HB2594, HB1057, HB3664, HCR141, HCR40, HCR59, SJR36, SJR50, SJR63, SCR12, SCR39, SB2023, SB62, SB666, SB847, SB284, SB854, SB810, SB1505, SB583, SB507, SB1434, SB1772, SB2016, SB1122, SB731, SB397, SB508, SB1436, SB287, SB1882, SB393, SB1791, SB209, SB2429, SB1085, SB1975, SB2717, SB1262, SB636, SB2056, SB884, SB1200, SB1845, SB2458, SB801, SB3014, SB3013, SB758, SB2797, SB2076, SB2876, SB1640, SB1449, SB1181, SB1234, SB2926, SB2841, SB1528, SB1854, SB317, SB1250, SB2082, SB1237, SB2819, SB629, SB2608, SB1602, SB2009, SB867, SB640, SB1698, SB2680, SB913, SB1071, SB1086, SB1087, SB1483, SB1444, SB1553, SB1556, SB1703, SB2133, SB2297, SB2298, SB2622, SB2955, SB2334, SB1367, SB2044, SB2363, SB2565, SB1888, SB3036, SB3057, SB3043, SB3063, SB3035, SB203, SB2688, SB2522, SB2459, SB2655, SB2251, SB1884, SB2928, SB2566, SB2549, SB2553, SB2919, SB1944, SB1232, SB1798, SB2603, SB2607, SB2683, SB1319, SB3045, SB3071, HB20, HB127, HB549, HB1094, HB2594, HB2731, HB4233, HB4690, SR625, HCR167, SJR5, SB4, SB6, SB9, SB23, SB40, SB13, SB15, SB30, SB268, SB331, SB447, SB457, SB568, SB650, SB763, SB1540, SB1610, SB1660, SB2018, SB2024, SB2217, SB2337, SB2753, SB2900, SB2972, SB3059, HB4, HB145, HB493, HB2067, HB2516, HB2885, HB2974, HB3071, HB3372, HB3556, HB3595, HB5138
KY
Transcript Highlights:
  • I think this lends some substance and credibility to Chairwoman Moer's bill to start giving rebates at
  • the point of sale to help consumers.
  • I think this lends some substance and credibility to Chairwoman Moer's bill to start giving rebates at
  • the point of sale to help consumers.
  • the point of sale to help consumers.
Keywords: 958, all
Summary: The Medicaid Oversight and Advisory Board met on February 23, 2026, approved the January 12 minutes, and then focused primarily on Kentucky Medicaid’s coverage and potential expansion of GLP-1 drugs, especially for weight loss. Department for Medicaid Services Commissioner Lisa Lee explained that Medicaid currently does not cover drugs for weight loss, anorexia, or weight gain, but the department had filed a regulation to remove that blanket exclusion so GLP-1s could be covered when used for an underlying health condition. She said the administrative regulation review subcommittee found the regulation deficient, and the co-chairs wanted the board to discuss the policy and financing implications before any change. DMS also said it would be open to adding caveats to ensure coverage would not extend to cosmetic weight loss alone. The department provided several data points on current utilization and spending. In 2025, Kentucky Medicaid paid for appetite-stimulating drugs such as Megestrol, Dronabinol, and Marinol, but did not pay for weight-loss drugs. For GLP-1s, DMS said coverage began in 2025 and is limited to FDA-approved medical conditions, with prior authorization requiring a type 2 diabetes diagnosis code and A1C documentation. DMS reported $234.6 million in GLP-1 spending in 2025 before rebates, about 240,931 prescriptions, and said GLP-1s accounted for 7.3% of pharmacy spend in 2024 and 8.3% in 2025. It also said there were 24,844 expansion members and 13,638 non-expansion members using GLP-1s, with spending of about $156 million and $78.5 million respectively, and that 10 pediatric weight-loss prescriptions were covered under EPSDT. The department said outcome analyses, including whether GLP-1 use reduces insulin or other diabetes treatment, are underway and should be completed in a couple of months. Members asked about cost, rebates, and whether the state should wait for more outcomes data before expanding coverage. DMS said average reimbursement to pharmacies was $975 per prescription and the average dispensing fee was $109; it also said 2025 rebate invoices totaled $90.8 million, with $7.6 million collected so far. Several members expressed concern about the high cost and the need to evaluate whether the drugs improve health outcomes before expanding access, while others noted the potential benefits for obesity and diabetes treatment. Some members also discussed whether GLP-1s are effectively being used for weight loss in diabetic patients and whether broader data collection should be used to assess long-term value. After the Medicaid discussion, Eli Lilly executive Tracy Sims presented on obesity as a chronic disease and the economic burden it creates in Kentucky. She said Kentucky’s adult obesity rate is a little over 37%, that obesity is linked to about 200 diseases, and that untreated obesity costs the state billions in GDP and hundreds of millions in state budget impact. She highlighted recent federal access programs for GLP-1s, including a Medicaid-related program that she said could lower the state share of a Zepbound prescription to about $71 per month after federal matching. No votes were taken on the GLP-1 policy question during the meeting, and the main action was the receipt of testimony and discussion of the department’s proposed regulatory change.
ND
Transcript Highlights:
  • ability to synthesize this amount of data and then be able to, again, put it in a format that is consumable
  • Banks can only lend to certain parties and only so much, and so the private credit market is coming in
  • So we're very on the low end of that, but that's not counting what we would call security lending.
  • So in a sense, you almost have a zero percent oversight and custody cost net of security lending that
Summary: The committee met to approve prior minutes and receive updates on the Legacy Fund transparency website and fund performance. Staff reported the website procurement was in contract negotiations, with a planned go-live around November 1, and that the site would provide downloadable, more transparent information on fund holdings, allocations, history, and legislative appropriations while protecting confidential data. The investment office then reviewed performance through January 2026, describing strong returns relative to benchmarks, noting real estate and fixed income as weaker areas, and explaining that the fund’s diversification and internal management had helped offset market volatility, including recent geopolitical impacts. Members also discussed the in-state investment program, especially the Bank of North Dakota’s CD-match allocation. Several members questioned whether the program had been static for years and whether the uncommitted balance should remain parked there if it was not being used. The committee voted to pause further transfers into the program until the Bank provides a report and the committee can consider possible statutory changes; the motion also requested a cost-benefit analysis from RVK, and it passed by roll call vote. In the afternoon, RVK presented its review of the investment policy statement as it relates to the in-state investment program. The consultant said it found no major policy impediments, and that implementers and stakeholders generally felt the program was proceeding as intended. RVK emphasized best practices such as third-party due diligence, competitive risk-adjusted returns, diversification, pacing, and exit strategies, while cautioning that required lower-return investments or spending commitments can create pressure on the fund’s long-term real value. The consultant also raised ancillary concerns about state-level concentration risk, the need to distinguish between public and commercial infrastructure, and the lack of a central repository for all state funding commitments to the same projects.
US
Transcript Highlights:
  • An entire division of the Consumer Financial functions as the cop on the beat to enforce service members
  • ' consumer rights, and it has been remarkably effective. discovered more than $363 million in financial
  • Dismantling the CFPB will devastate the enforcement of the Service Member Civil Relief Act and the Military Lending
  • that is changing so frequently inside that budget cycle, we've got to be able to adjust and not get consumed
Summary: The committee meeting focused on pressing issues related to the U.S. military's recruitment and personnel strategies, especially in light of the upcoming NDAA for fiscal year 2026. Chairperson expressed appreciation for the service of witnesses including senior military leaders from different branches, emphasizing the importance of personnel as the backbone of national defense. Discussions revealed concerns regarding the recent lowering of recruitment standards across military branches, which could potentially affect the quality of service members and long-term military readiness. Witnesses were asked to address the implications of these changes on military health and efficiency.
NM

New Mexico 2025 Regular Session

House - Appropriations and Finance Mar 20th, 2025

House Appropriations & Finance

Transcript Highlights:
  • And so my next question just lends to the reason the structure of the district board is constructed the
  • We do have some concerns about the upward pressure the bill may create on fees for consumers.
  • universal service funding in telecom, one unfortunate consequence is the added burden on wireless consumers
  • Senate Bill 126 would inevitably create inherent pressure to raise fees even higher for wireless consumers
FL

Florida 2026 5th Special Session

Judiciary Jan 27th, 2026

Transcript Highlights:
  • will go to tab 11 and take up Senate Bill 1396 by Senator Burton, related to litigation financing consumer
  • regulation of litigation financing, for all litigation financing, the bill directs, and this is a consumer
  • Every cost of a good shipped feeds itself into every consumer good that we're purchasing. ...of a good
  • feeds itself into every consumer good that we're purchasing.
  • You know, I use as an example, when I got my mortgage, were any foreign funds involved in the lending
Summary: The Judiciary Committee met and took up a series of bills, beginning with SB 620, which would require candidates for federal, state, county, district, judicial, and school board offices to disclose any citizenship in countries other than the United States. The bill was presented as a transparency measure, with one opponent waiving time, and it was reported favorably on an 8-0 vote. The committee then heard SB 1396 on litigation financing consumer protection. Supporters from the Florida Justice Reform Institute, American Tort Reform Association, and U.S. Chamber Institute for Legal Reform argued the bill would add transparency, limit funder control, and require disclosure of foreign entities involved in litigation funding. Opponents, including the Florida Justice Association, argued the bill would create strategic advantages for defendants and could affect discovery and settlement dynamics. The bill passed 7-2. The committee also approved SB 192, removing a $1,500 cap on patient funds chiropractors may hold in trust; SB 888, limiting indemnity and insurance requirements in design-professional contracts; CS/SB 332, creating a temporary closed-meeting exemption for pre-suit Burt Harris litigation strategy discussions; SB 820, requiring quarterly reporting on problem-solving courts; SB 1500, updating uncontested probate procedures; SB 1224, making fraudulent entry into rental dwellings a third-degree felony; and SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts. Each of these bills was reported favorably, with broad support and little or no opposition. The committee also advanced CS/SB 694, which would compensate the descendants of the Groveland Four. Senator Bracey Davis described the bill as a final step in addressing the wrongful convictions, deaths, and long-term harm suffered by Charles Greenlee, Walter Irvin, Samuel Shepard, and Ernest Thomas. Family members and advocacy groups testified in support, urging the state to complete its acknowledgment of wrongdoing with monetary compensation. An amendment was adopted to divide any appropriation equally among the four families. The bill passed unanimously. Finally, SB 144 creating a public records exemption for personal information of Judicial Qualifications Commission employees and their families was approved 9-1. Several members also requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.
PA

Pennsylvania 2025-2026 Regular Session

House Session (Jun 30 2026)

Pennsylvania House Floor Meeting

Transcript Highlights:
  • the choice for consumers to choose reliable, affordable energy.
  • the choice for consumers, to choose reliable, afforded.
  • Especially preserving the choice for consumers to choose reliable, affordable baseload energy sources
  • This amendment promotes consumer choice and ensures that homeowners aren't forced to make bad and costly
  • Predictable leadership with people who have a say in what happens to them lends to that consistency.
Keywords: Scheduler, 973, house, all
Summary: The House convened, opened with prayer and the Pledge, and first handled routine business including postponing approval of the prior journal and confirming a quorum. Several committee reports were adopted, including measures from Veterans Affairs and Emergency Preparedness, Tourism and Recreation and Economic Development, Appropriations, Rules, Commerce, and Environmental and Natural Resource Protection. The chamber also adopted House Resolution 531, designating June 2026 as Scoliosis Awareness Month, after testimony from Rep. DeLosier and discussion of a constituent’s experience with severe scoliosis; the resolution passed 201-1. The House then adopted a series of additional resolutions and bills, including Diaper Need Awareness Week, a study on PANS/PANDAS, 717 Day, Little League World Series Week, and a resolution commemorating America 250 in Pennsylvania. It also passed bills on Sunshine Act agenda notice changes, veteran death notifications, Korean War Veterans Armistice Day, township audit deadlines, first responder memorials, road transfers, parole board succession, and restrictions on HOA limits for rooftop solar. The solar bill drew multiple failed amendments on HOA voting rules, native plants, energy-source discrimination, and net metering; one amendment on indemnification for elected officials at special events was adopted. In final passage votes, the House approved legislation to prohibit NDAs related to data centers, with debate centered on transparency and local control; it passed 171-31. The chamber also passed bills allowing Pittsburgh school administrators to collectively bargain, requiring hunting and trapping education options in schools, expanding SWIF’s equity investment authority, and scheduling metatomidine as a Schedule 3 controlled substance. The Counseling Compact bill and a parole-record privilege bill both passed unanimously or near-unanimously, and the House signed those measures for presentation to the Governor. The session ended with referrals of new bills to committees, a motion to adjourn, and adjournment until July 1, 2026.
CA

California 2025-2026 Regular Session

Assembly Appropriations Committee Aug 20th, 2025

Appropriations

Transcript Highlights:
  • We just wanna make sure we have an added layer of protection to consumers in California.
  • And we wanna make it as easy as possible for the consumer.
  • All the bills that we pass colleagues It's always really hard to ensure that the consumers know that
  • We wanted to make sure it was as easy as possible for the consumer.
  • It simply ensures that our existing consumer protection laws are enforced and consumers can be made whole
Keywords: 988, house, all
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on the Judiciary Jun 21st, 2026 at 10:00 am

Joint Committee on the Judiciary

Transcript Highlights:
  • actually quite limited, and under current law, subpoenas must be tied to a criminal violation or a consumer
  • It uses a compliance-based framework modeled on California's SB-54, D.C. law, and federal fair lending
  • As I ask you to lend your own voice to history today for a final dawn of tolerance, to once and for all
  • My family paid cash for a home because banks wouldn't lend to Black families.
  • My family paid cash for a home because Baines wouldn't lend to black families.
Keywords: 995, all
Summary: The Joint Committee on the Judiciary held a lengthy public hearing on a wide range of civil rights, immigration, hate crimes, and reparations bills. Chair Edwards and Chair Day opened with strict testimony rules, including two-minute limits, written testimony options, and decorum requirements. Attorney General Andrea Joy Campbell testified in strong support of S. 1126/H. 1920, the Combating Hate in the Commonwealth bill, saying Massachusetts needs stronger tools to address rising hate and bias incidents. Her Civil Rights Division chief explained that the bill would give the division civil investigative demand/subpoena power, expand civil rights enforcement, close loopholes in the Massachusetts Civil Rights Act, add protected classes to the hate crimes law, and require better hate-crime data reporting. The committee also heard support for H. 1954 on access to counsel in immigration proceedings, H. 4684 on law enforcement identification and public trust, and H. 1927 to exonerate individuals accused of witchcraft in colonial Massachusetts. Several bills focused on discrimination and civil rights enforcement. Supporters of S. 1248 on organizational standing said fair housing nonprofits need explicit authority to bring discrimination complaints in their own names, especially as federal protections are under attack. On H. 1246, advocates urged adding sex and gender as protected classes in the hate crimes statute, arguing women are not protected under current state law. H. 1820 drew testimony for protections against height and weight discrimination. H. 1995 would regularize sentencing for hate crimes by requiring diversity awareness training for both convictions and continuances without a finding, and H. 1056/H. 1589 would broaden hate-crime victim standing and require restitution to be used to repair harm. H. 1886 would clarify that defense-based social service staff are exempt from mandated reporter obligations when working under attorney-client privilege. The committee also heard testimony on H. 1889/S. 1064, a bill to eliminate disparate impact. Environmental justice advocates, fair housing attorneys, and community members argued that neutral policies can still produce discriminatory outcomes and that Massachusetts should allow state-court claims and a private right of action to address them. Committee members raised concerns about litigation floodgates, punitive damages, and the scope of protected classes, while supporters said the bill would mainly target systemic harms and injunctive relief. Additional testimony supported H. 1922/S. 119, the Fair Investment Act, which would create civil rights protections in venture capital and other investment settings for founders and investors, especially women and minority entrepreneurs. The hearing also included testimony on H. 1683, the Sex Trade Survivor Act, which would expand vacatur and expungement relief for trafficking survivors, remove archaic offenses from the code, and create an interagency commission; supporters emphasized reducing barriers to housing, employment, and reentry. Finally, the committee heard extensive support for H. 1753/S. 1181, establishing a commission to study reparations in Massachusetts. Testifiers described the state’s history of slavery, redlining, and ongoing racial disparities, and urged the committee to report the bill favorably. No votes or final actions were taken during the hearing.
TX

Texas 89th 2nd C.S.

Business and Commerce Apr 1st, 2026

Business & Commerce

Transcript Highlights:
  • Thank you, doctor, for lending your expertise here.
  • , particularly retail consumers, are getting the short end.
  • We step in to take the role of the consumer advocate.
  • On behalf of the consumer, essentially. That's correct. Good.
  • And that's to the benefit of consumers.
Summary: The Senate Committee on Business and Commerce convened to discuss critical infrastructure and supply chain integrity, particularly focusing on Texas's power grid and associated vulnerabilities. The meeting highlighted Texas's recent ranking as 10th in electricity affordability, emphasizing the state's commitment to maintaining a reliable and resilient electric grid. New committee members introduced themselves, and the agenda included testimony from ERCOT and the Public Utility Commission regarding the implementation of the Lone Star Infrastructure Protection Act, which aims to mitigate risks posed by foreign entities to the power grid. Chad Sealy from ERCOT presented updates on the attestation process for market participants, revealing that over 1,500 entities had submitted attestations regarding their corporate structures and affiliations with designated foreign countries. Concerns were raised about the adequacy of the current vetting process, particularly regarding indirect relationships with foreign adversaries. Testimonies from the PUC and the Attorney General's office underscored the challenges of enforcing compliance and the need for improved legislative measures to enhance oversight and security. The committee also heard from experts, including Dr. Emma Stewart from Idaho National Laboratory, who discussed the evolving threats to the grid from foreign adversaries and the importance of securing communication systems. Recommendations included prioritizing inspections of critical components and enhancing collaboration with national laboratories to address vulnerabilities. The discussion concluded with an acknowledgment of the balance needed between ensuring grid security and maintaining affordability for consumers.
OK
Transcript Highlights:
  • And the primary distinction is that the kind of court reporting they do doesn't really lend itself to
  • If I have my service members consume this beverage, they could potentially pop positive for THC.
  • Every it has strict labeling requirements so every consumer's an informed consumer.
  • And it's providing more freedom both for the producers and the consumers, which I think is a great thing
  • goes with the $75,000 dollars cap, do we have enough reasonable precautions in place to protect consumers
TX

Texas 89th 2nd C.S.

Intergovernmental Affairs Apr 1st, 2025

Intergovernmental Affairs

Transcript Highlights:
  • The, the Texas register, I used to work at a state agency can be a time-consuming process.
  • You know, something about the right of rescission and what's provided to the consumer when and how long
  • It is a consumer notice that the state promulgates. It's a state promulgated form.
  • It's 22 pages basically with a signing with us, so it's a 2.5 page, uh, consumer disclosure.
  • I can go through the whole lending provisions. I'm happy to talk to you.
Bills: HB303
MA
Transcript Highlights:
  • It's not as widespread and it's not as available to every consumer.
  • Every consumer card does not have that program available.
  • So the net effect wasn't consumer relief. It was a shift in how and where consumers paid.
  • So the net effect wasn't consumer relief. It was a shift in how and where consumers paid.
  • And the value flowing back to consumers declined across the board.
Keywords: 995, all
Summary: The Special Legislative Commission on the Future of Payments and Sales Transactions by Credit Card and the Impacts for Small Businesses held a public hearing focused on interchange fees, sales tax and tip processing, chargebacks, fraud, surcharging, and the broader future of payment systems. Chair Paul Feeney and co-chair Rep. Jamie Murphy opened by explaining the commission’s charge and inviting testimony from small businesses, industry groups, banks, and policy experts. Representative Sean Garballey testified first, arguing that Massachusetts tourism depends on universal card acceptance and stable interchange, and urging the commission not to disrupt the current system ahead of major events expected to bring millions of visitors to the Commonwealth. A large portion of the hearing featured independent restaurant owners and advocates describing thin margins and the burden of paying percentage-based processing fees on sales tax and tips that are not business revenue. Jen Ziskin, Kristen Canty, Nancy Cushman, Kerry Colzer, and others said restaurants often operate on very small profits and that processing fees on taxes and gratuities can amount to tens or hundreds of thousands of dollars annually. Ryan Lotz also urged reforms to chargebacks, including refunding chargeback fees when merchants prevail, requiring consumers to contact businesses before disputing charges, and limiting repeat abuse. Commission members pressed witnesses on whether tax and tip amounts could be separated at the point of sale, and several witnesses said current consumer card systems do not transmit that level of detail. Testimony from credit union, banking, and payments representatives largely opposed state-level changes that would carve out taxes or tips from interchange, warning of compliance burdens, higher costs, reduced rewards, and possible effects on fraud protection and access to credit. Alex Verine of America’s Credit Unions and Deb Peters and Keely McEwen of the Electronic Payments Coalition said the payment system is complex, that interchange funds fraud prevention and network infrastructure, and that new state mandates could create operational and legal uncertainty. Dan Swanson argued states have authority to act and pointed to Illinois litigation and federal court rulings, while Julian Morris and Brad Popolado emphasized the benefits of card acceptance, the decline of cash, and the need to consider other payment methods and check fraud as well. Several witnesses discussed international payment systems, instant payments, and QR standards as possible future directions. The chairs and members engaged in extended back-and-forth with witnesses about whether Massachusetts could exempt sales tax from swipe fees, whether surcharging should be revisited, and whether vendor compensation or other targeted relief might be more workable than broad changes to interchange. No votes were taken. At the close of the hearing, the chairs said the commission would hold one additional public hearing date to be determined, after which members would begin developing next steps and a report.
CA

California 2025-2026 Regular Session

Assembly Public Safety Committee Jun 30th, 2026

Public Safety

Transcript Highlights:
  • It doesn't add new consumer protections.
  • This bill gives Californians tools to protect consumers when they need it most.
  • California already has a proud history of pioneering consumer protections.
  • Charles Contrabecki, Interns for Social Advocacy, on behalf of Consumer Watchdog, in support.
  • Obviously, because there's no lawful path for the lending. Thank you, sir.
Keywords: 988, house, all
US
Transcript Highlights:
  • There are now zero cops overseeing the $18 trillion ...consumer lending market. Zero cops.
  • GDP rose 2.5% in 2024, bolstered by resilient consumer spending.
  • Consumer Bureau when supervising those large banks, correct?
  • It's returned $20 billion to consumers.
  • It consumes information, but it Never releases it.
Bills: SB257
US

US Federal 2025-2026 Regular Session

Hearings to examine certain pending nominations. Apr 29th, 2025 at 02:00 pm

Agriculture, Nutrition, and Forestry Committee

Transcript Highlights:
  • . doing I was reminded that 75% of the seafood, over half the fruit, and 35% of the vegetables we consume
  • India would be my top priority for a market that we should be doing better in, 1.4 billion consumers
  • Service to ensure strict enforcement of inspection standards to prevent unsafe imports from harming consumers
  • Mississippi and the Great Lakes and all of these things, and yet we're importing 75% of our seafood that we consume
  • historically engaged in discriminatory actions that have uniquely harm black farmers in their farm lending
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/24/26

Energy Finance and Policy

Transcript Highlights:
  • Um, if I'm remembering my finance correctly, and uh, that prime is something that banks lend to each
  • Um, I don't know if you all can respond or maybe even— banks lend to each other and if if a banks lend
  • the bill, subject to the same PUC oversight as electric and natural gas services, ensuring that consumer
  • services ensuring that consumer services ensuring that consumer protection<00:52:02.240> remains
  • demand in our region, ultimate consumer demand in our region, or<01:06:59.520> what<01:06:59.760
Bills: HF4236, HF4122, HF4377