WASHINGTON (AP) – President Joe Biden on Wednesday signed three separate bills that break down part of the Trump era, prevent payday lenders from avoiding interest rate caps, curb climate-warming greenhouse gas emissions from oil and gas drilling, and the rules for equality to terminate The employment commission regulates claims.
“Each of these rules reflect a return to common sense and a commitment to the common good,” Biden said before signing, surrounded by congressional leaders who joined him as he put each resolution into law.
Under former President Donald Trump, the auditor’s office had enabled payday lenders to charge interest rates above the state-approved amount. Payday lenders were able to work with a nationally chartered bank to provide expensive loans and avoid state usury laws.
The Trump administration also relaxed the rules on methane emissions from leaks and flares in oil and gas wells.
The Biden government said in a statement that the EEOC claims process “has increased the risk of retaliation by making it easier for employers to claim the identity of individuals with information about unlawful discrimination”.
The laws were passed by the House and Senate through the Congressional Review Act, which allows Congress to repeal certain regulations that have recently come into effect.
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