Credit reform penalizing responsible

Freedom New Mexico We noted in August the unintended consequences in the wake of Washington’s reform legislation to protect consumers from credit card interest rate hikes and penalties. Congress had restricted changes in credit card terms, citing complaints about high rates and penalty fees. Even before the first wave of new regulations went into effect, […]

Law reducing paperwork approved

The New Mexican Days remaining in session: 21 Penalizing paperwork: The House has approved a measure (HB367) that would reduce the amount of paperwork that state agencies can send to lawmakers. It puts some teeth into a current law that puts a five-page limit on what agencies can send to lawmakers, with a few exceptions.