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Bank regulator seeks two examiners to oversee earned-wage-access providers, requests vehicle replacement
Summary
The Office of the State Bank Commissioner told the Agriculture and Natural Resources Budget Committee it needs two new full-time examiners to oversee earned wage access providers after unexpectedly high participation, and seeks additional funding to replace an aging agency vehicle. Funding would come from licensing fees.
The Office of the State Bank Commissioner asked the committee for staffing and equipment to meet new regulatory demands tied to earned wage access (EWA) services. Jesse Becker, director of finance and administration, told lawmakers the agency now has 26 registered EWA providers and six more applications as of December 2025 and is seeking two dedicated examiners for EWA oversight in fiscal 2027.
The request is part of an enhancement…
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