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<title>Troy Jackson Cosponsored Bill Backed by Son&#x26;#x2019;s Lobbying Firm Allowing &#x26;#x2018;Predatory&#x26;#x2019; Loan Companies To Skirt Maine&#x26;#x2019;s Interest Rate Caps</title>
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<description>As president of the Maine Senate, Democrat Troy Jackson, now running for U.S. Senate as an opponent of &#x26;#x22;greedy corporations,&#x26;#x22; cosponsored a bill allowing online lenders to skirt Maine&#x26;#x27;s interest rate caps when offering small-dollar loans to borrowers with poor credit. A lobbying firm that employed Jackson&#x26;#x27;s son supported the 2022 bill on behalf of a &#x26;#x22;predatory&#x26;#x22; lending company that was sued months earlier for violating consumer protection laws, a Washington Free Beacon review found. The bill, which Jackson and five other Maine Democrats introduced in February 2022, was framed as a measure to &#x26;#x22;Establish Consumer Protections Regarding Small Dollar...</description>
<author>Washington Free Beacon </author>
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<pubDate>Wed, 14 Oct 2026 13:46:29 GMT</pubDate>
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