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Home / WV: Dem AG McGraw Blames Congress For His “Hijacked” CaseWV: Dem AG McGraw Blames Congress For His “Hijacked” Case
Last Updated on Wednesday, 2 July 2008 11:22 Written by rslcpol Wednesday, 2 July 2008 10:29
And maybe while they’re at it, West Virginia citizens could take the time to express their outrage over the sweetheart deals that trial attorneys are getting from the A.G.s office in West Virginia just because they drop a little green on the A.G.s political campaign. From the Charleston Gazette:
Attorney General Darrell McGraw urged state residents Tuesday to contact members of Congress and urge them to vote for bills that would allow states to enforce their own credit laws after a federal judge said McGraw’s investigation into a bank was “hijacked.”
McGraw’s plea comes after a federal court decision blocking his investigation into alleged unlawful credit card practices by Capital One Bank and Capital Bank Services.
“Until Congress decides to take action, states are powerless to protect consumers who are charged such unlawful fees,” McGraw said in a news release. “There are currently several bills pending in Congress that would correct some of the worst credit-card abuses. I strongly recommend that consumers write their congressmen and senators to urge passage of such reforms.”
After receiving 264 complaints from state residents about Capital One Bank and Capital One Services in 2005, McGraw filed suit in Lincoln County. His office subpoenaed a number of the firms’ records, which Circuit Judge Jay Hoke upheld in 2007.
The firms appealed that order to the state Supreme Court. In the meantime, Capital One Bank changed its registration from a Virginia-chartered bank to a national bank, meaning only the federal Office of the Comptroller of Currency can investigate it.
It then filed a federal lawsuit to block McGraw’s investigation.