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Keyword: mainesenate

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  • Troy Jackson Cosponsored Bill Backed by Son’s Lobbying Firm Allowing ‘Predatory’ Loan Companies To Skirt Maine’s Interest Rate Caps

    10/14/2026 6:46:29 AM PDT · by george76 · 6 replies
    Washington Free Beacon ^ | October 13, 2026 | Collin Anderson
    As president of the Maine Senate, Democrat Troy Jackson, now running for U.S. Senate as an opponent of "greedy corporations," cosponsored a bill allowing online lenders to skirt Maine's interest rate caps when offering small-dollar loans to borrowers with poor credit. A lobbying firm that employed Jackson's son supported the 2022 bill on behalf of a "predatory" 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 "Establish Consumer Protections Regarding Small Dollar...