Consumer Protection Act Does Not Apply To Tribes’ Loan Businesses, Top Court Told

(September 1, 2017, 1:23 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court must decide whether generally applicable laws should be presumed to apply to sovereign Indian tribes because there is a deep divide among the federal circuit courts on what is the correct answer to the question, two tribal payday lending companies say in an Aug. 3 petition for writ of certiorari (Great Plains Lending, LLC, et al. v. Consumer Financial Protection Bureau, No. 17-184, U.S. Sup., 2017 U.S. S. Ct. Briefs LEXIS 2669)....