"You don't even need the subpoena, you just need the request for a subpoena to damage Republicans for blocking it and damage that member of Congress," Rubio said. "That's what this is about. It's about keeping the House majority in 2022."
Marco Rubio Says 1/6 Commission Requests for Subpoenas Will Be Tool to Damage Republicans msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Last October during the throes of the COVID-19 pandemic and its rippling economic downturns, a key federal financial regulator adopted a rule that blesses the “rent-a-bank” scheme where predatory lenders partner with banks to evade state interest rate limits.
Known as the “True Lender” rule, the Office of the Comptroller of the Currency (OCC) gave a green light to predatory lenders. It effectively overrides a string of state laws in almost every state enacted to end abusive payday, car-title, and installment loans with explosive interest rates of more than 100%.
Taking effect in late December 2020, the rule facilitates a scheme whereby payday and high-cost installment lenders pay fees to banks for use of their name and charter to dodge state interest rate laws by claiming the bank’s exemption from those laws for itself.
"I hope he enjoyed his Thursday evening," Senate Majority Leader Chuck Schumer joked after Sen. Ron Johnson forced an overnight read-thru of the COVID-19 relief bill