Dallas Morning News: Payday lenders accused of shutting down bill

April 18, 2013

The lessons in trying to regulate monied industry are playing out in the halls of the Capitol.  Sen. John Carona, R-Dallas, had to pull down his bill from consideration by the full Senate on Thursday after some senators started rescinding their pledges of support. They started flaking when they recognized Carona was going to push pro-consumer amendments to his bill and the senators would be on record voting for the payday lending industry or consumers.  Read more here.