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Your NM Government: Roundhouse Update | 3.5.21

Cars jam up on a city street.

One of the big stories to come out of the Roundhouse yesterday actually involves Governor Michelle Lujan Grisham. State Auditor Brian Colon announced that he was moving ahead with a special audit of the Governor’s discretionary fund, after local reporting discovered more than $13,000 in groceries, liquor purchases and dry cleaning over a six-month period in…

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Reining in Short-term Lenders

A hand holds up a crumpled $1 dollar bill.

March 5, 2021 – The state Senate signed off on a bill this past week that would cap the rate for short-term loans – often called “predatory” lending – at 36 percent. New Mexico’s current cap of 175 percent is one of the nation’s highest, despite going into place just four years ago. With almost…

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