RICHMOND, Va. (AP) — Republican Gov. Glenn Youngkin has vetoed a slew of bills reforming labor and gun laws, blocking Democrats’ attempts to reintroduce legislation nearly identical to what they proposed unsuccessfully last year.

The law would have expanded the state's 12% interest rate cap in a manner that would have effectively banned fintech lending in the state.

Governor Youngkin vetoes 11 bills aimed at introducing new legislation in Virginia, citing concerns about their impact on industry and economy.