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Sen. Merkley Introduces Stopping Abuse & Fraud in Electronic Lending Act

by MYRA TUGADE

WASHINGTON, Dec. 9 -- Sen. Jeff Merkley, D-Ore., introduced the "Stopping Abuse and Fraud in Electronic Lending Act" on Sept. 19, 2024. The text of the bill was released on Dec. 8.

S. 5129. A bill to amend the Truth in Lending Act to address certain issues relating to the extension of consumer credit, and for other purposes; to the Committee on Banking, Housing, and Urban Affairs.

The bill is cosponsored by Sens. Tammy Baldwin, D-Wis., Richard Blumenthal, D-Conn., Ron W . . .

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