Tom Miller Quotes on Law & Regulation (5 Quotes)


    This study demonstrates that critics who claim anti-predatory lending laws will dry up people's access to credit are just plain wrong. This research shows that sound legislation curbs abusive lending, and it does not reduce responsible lending . . . and that leads to one more conclusion consumers would be harmed if federal law preempted state regulation.

    It's premature to claim victory at the trial level. We believe the case has gone well for us, and everybody is conscious of an appeal in any case - both parties as well as the judge.

    For most of our states, it is time to dedicate our resources to enforcement of the decree and the law,

    We are proposing these remedies because the law was broken - as Judge Jackson concluded so powerfully - and because the violations seriously harmed consumers and competition,

    My interpretation of where the judge was leading was that he wasn't expecting substantive changes, ... However, I can't speak on behalf of the other states and can't say for sure what the states and the Justice Department will do Friday.



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