Who has authority over consumer lenders in West Virginia and may take enforcement action?

The Attorney General has the authority over consumer lenders in West Virginia and is empowered to take enforcement action against violations of consumer protection laws. This role includes oversight of lending practices to ensure that they comply with state and federal regulations designed to protect consumers from predatory lending and other unethical practices.

The function of the Attorney General's office is essential in safeguarding consumer rights, as it can investigate complaints, initiate legal actions, and impose penalties on lenders who engage in illegal activities. By doing so, the Attorney General plays a critical part in promoting fair lending practices and addressing consumer grievances within the state.

Other positions listed, such as the Governor and the State Treasurer, while influential in their respective areas, do not have the specific enforcement powers related to consumer lending laws. The Director of the Consumer Protection Office may have a role in consumer advocacy and education but does not possess the same enforcement authority as the Attorney General. This delineation of roles ensures that enforcement actions are directed by a body with the necessary legal powers to address violations effectively.