Last week, two state legislators in South Carolina decided to recuse themselves from either voting or debating on whether to ban payday lenders in that state. This is noteworthy because both of these legislators are part of a class action lawsuit against the industry and could possibly makes lots of money depending on how the courts rule.
What is also noteworthy, is that other legislators in South Carolina who are also part of this class action have decided not to rule themselves out. Such as: State Senators John Hawkins, Brad Hutto, Luke Rankin, Vincent Sheehan and David Thomas.
This story is making some waves in South Carolina. You can read more about it here.
Filed under: critics
