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Home » Store » Taxable » Connecticut AG Asks SCOTUS to Review Federal Preemption Ruling

Connecticut AG Asks SCOTUS to Review Federal Preemption Ruling

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Connecticut Attorney General Richard Blumenthal has asked the U.S. Supreme Court to review an appellate court decision upholding federal preemption of state authority to regulate mortgage subsidiaries of national banks. In a Sept. 30 filing, Blumenthal argued that the decision earlier this year by the 2nd U.S. Circuit Court of Appeals in Wachovia v. Burke undermines Connecticut’s ability to enforce laws that outlaw predatory and abusive lending terms and practices. Blumenthal noted that national…
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