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Bob Gallo has been promoted to Chief Operating Officer. A Bradley University graduate, Bob began at Power in 1987, helping Power grow from 70 people to a 400-person firm. He serves on the Lurie Children s Hospital Foundation Board and works with several community organizations including Revolution Workshop - supporting residents of Chicago s west and south side develop skills and find employment.
Other Moves
Heartland Alliance: Historic legislation to prevent predatory loans passing Illinois House
Heartland Alliance: Historic legislation to prevent predatory loans passing Illinois House
SPRINGFIELD, Ill., Jan. 12, 2021 /PRNewswire-PRWeb/ The Illinois House of Representatives passed the Predatory Loan Prevention Act, which if passed by the Senate, would implement a 36 percent interest rate cap on consumer loans, including payday and car title loans. The legislation passed with a bipartisan vote, without a single member voting no. It is part of an omnibus economic equity bill, one of the Illinois Legislative Black Caucus four pillars, sponsored by Rep. Sonya Harper.
In Illinois, the average annual percentage rate (APR) on a payday loan is 297 percent, and the average APR on an auto title loan is 179 percent. Federal law already protects active-duty military with a 36 percent APR cap. This bill would extend the same protection to Illinois veterans and all other consumers. Seventeen st
Interactive Brokers Group, Inc. (Nasdaq: IBKR) plans to announce its fourth quarter financial results on Tuesday, January 19, 2021, in a release that will be