August 12, 2026
Oregon is pushing back against financial industry groups' request to halt the state's new law aimed at capping interest rates on loans from out-of-state banks, arguing the lender trade groups suing in federal court over this so-called opt-out law are trying to impose limits on it that Congress never intended.
July 30, 2026
Top federal banking regulators have lined up behind the banking industry in a challenge to a new Oregon law aimed at capping interest rates on loans from out-of-state banks, warning in federal court filings that it threatens "confusion" and disruption for interstate lending.
June 15, 2026
Lender trade groups sued Monday to block Oregon from capping the interest rates on loans made by out-of-state banks, opening a new front in industry litigation over whether states can use an obscure provision of federal law to curb higher-cost online lending to their residents.