Catherine M. "Cathy" Brennan
PartnerBIO
Practice Areas: Business Funding, FinTech and Small Dollar Lending and Alternative Consumer Financial Services
| Catherine Brennan, a partner at Hudson Cook LLP, offers critical analysis of Bill 25-0609, the “Protecting Affordable Loans Amendment Act of 2023.” She questions the validity of its opt-out provision from Section 521 of DIDMCA, expressing concerns about potential limitations on credit access for D.C. residents. Brennan also critiques the bill’s anti-evasion provision as outdated and unnecessary in light of modern banking practices. She urges policymakers to reconsider these aspects to ensure continued access to credit in alignment with contemporary standards. Read the full testimony from Cathy here. |
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Hudson Cook, LLP provides articles, webinars and other content on its website from time to time provided both by attorneys with Hudson Cook, LLP, and by other outside authors, for information purposes only. Hudson Cook, LLP does not warrant the accuracy or completeness of the content, and has no duty to correct or update information contained on its website. The views and opinions contained in the content provided on the Hudson Cook, LLP website do not constitute the views and opinion of the firm. Such content does not constitute legal advice from such authors or from Hudson Cook, LLP. For legal advice on a matter, one should seek the advice of counsel.
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