National Association of Industrial Bankers v. Weiser — 10th Cir. (argued August 18, 2026)
The full Tenth Circuit considers how far Colorado's opt-out from a federal banking law lets it enforce state interest-rate caps. A federal district court blocked Colorado from applying those caps to certain loans by out-of-state, state-chartered banks. A divided Tenth Circuit panel reversed, but the full court vacated that decision for rehearing. Colorado says the law covers a loan to a Colorado borrower even when the bank is elsewhere. Three banking trade groups say the loan is made where the bank is located, so Colorado's opt-out cannot reach their members' out-of-state banks.
National Association of Industrial Bankers v. Weiser (No. 24-1293) — U.S. Court of Appeals for the Tenth Circuit, argued August 18, 2026.
Sources
Argument audio — Tenth Circuit:https://www.ca10.uscourts.gov/sites/ca10/files/oralarguments/24-1293_enbanc.mp3
Argument record — Tenth Circuit:https://www.ca10.uscourts.gov/oralargument/search-results?field_oa_hearing_date_value%5Bmin%5D%5Bdate%5D=08%2F01%2F2026&field_oa_hearing_date_value%5Bmax%5D%5Bdate%5D=08%2F19%2F2026
Panel opinion — Tenth Circuit:https://www.ca10.uscourts.gov/opinion/24-1293
En banc rehearing order — Tenth Circuit:https://www.ca10.uscourts.gov/opinion/24-1293-0
Colorado's en banc brief — filed court brief:https://afsaonline.org/wp-content/uploads/2026/07/CO-DIDMCA-Weiser-DEFENDANTS-APPELLANTS-EN-BANC-SUPPLEMENTAL-RESPONSE-BRIEF.pdf
Banking groups' en banc brief — filed court brief:https://www.consumerfinancemonitor.com/wp-content/uploads/sites/14/2026/06/Plaintiffs-Brief.pdf
DIDMCA Section 521 — U.S. House:https://uscode.house.gov/view.xhtml?edition=prelim&num=0&req=granuleid%3AUSC-prelim-title12-section1831d
DIDMCA Section 525 — Statutes at Large:https://www.govinfo.gov/content/pkg/STATUTE-94/pdf/STATUTE-94-Pg132.pdf
Colorado opt-out law — Colorado General Assembly:https://leg.colorado.gov/bills/hb23-1229
Russell D. Johnson — official court filing:https://www.supremecourt.gov/DocketPDF/25/25-170/417894/20260803123613654_2026.08.03%20Suncor%20v.%20County%20Commissioners%2025-170%20Amicus%20Brief%20of%20Colorado%20and%2018%20Other%20States.pdf
David M. Gossett — Davis Wright Tremaine:https://www.dwt.com/people/g/gossett-david
Opinion search — Tenth Circuit:https://www.ca10.uscourts.gov/opinion/search?combine=24-1293
- 0:00Introduction
- 1:10Advocate — Russell D. Johnson
- 1:51DIDMCA Sections 521 and 525
- 33:28Advocate — David M. Gossett