AGP Executive Report
Last update: 6 hours agoPayday lending fight in Washington: A coalition including Rhode Island AG Peter Neronha urged federal regulators to reject OppFi’s bid to become a national bank, warning it could “rate-export” and keep charging 160% APR even after RI’s 36% interest cap takes effect Jan. 1. Public safety tech without clear rules: Rhode Island State Police are installing 39 automatic license plate readers statewide under a $597,000 Flock contract funded by a federal grant, adding to a fast-growing network that critics say lacks state law on data retention and access. Transit budget update: Rhode Island’s new state budget closes RIPTA’s projected $14M operating gap for now, preventing another round of service cuts, though prior reductions remain. Courts and consumer protection: A Rhode Island case on underinsured motorist “stacking” limits is highlighted in a dispute over whether a widow can stack coverage across vehicles. Local legal exposure: More than 50 lawsuits have been filed against the Roman Catholic Diocese of Providence since RI’s two-year revival window for childhood sexual abuse claims opened July 1. Real estate signal: Woonsocket multifamily sales show rising investor confidence, including a six-unit building sale for $906,000.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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