< Previous Page
Daw said he is also considering running for the Legislature again, especially after what investigators found. "I’m exploring options right now. There were a lot of people who were distraught at my defeat," he said. "It’s been a fascinating journey."
The Utah Consumer Lending Association, which represents the payday-loan industry, was asked for comment on this story. Its lobbyist, Frank Pignanelli, said while his lobbying firm acts as spokesman for that group, his firm was not consulted or advised about contributions made by payday lenders to Swallow’s campaigns and groups, so he could not comment on it.
Another call to investigate payday lenders
The Coalition of Religious Communities, a longtime critic of the Utah payday-loan industry, is calling for an investigation by the federal Consumer Financial Protection Bureau because of findings from the probe into former Attorney General John Swallow.
“The undue influence the payday-loan industry has had in the Utah attorney general’s office has allowed that industry to behave in an outrageous manner with impunity,” the coalition said. “The legislative investigation has also raised serious questions about the corrupt and unethical methods that Utah’s payday-lending industry has used to influence politics in recent years.”
Linda Hilton, director of the group, said legislators are discussing bills to better regulate the industry because of the investigation.
"We found out about it last Friday with everyone else," he said. Pignanelli said he had not known about any plans for retribution against Daw for his bill.
Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.