After President Trump appointed Mick Mulvaney to run the Consumer Financial Protection Bureau in November, consumer advocates expressed concern that the former South Carolina congressman had a glaring conflict of interest: while the CFPB is tasked with regulating payday lenders—companies which target low-income borrowers for high-interest loans—Mulvaney has long been an ally of the industry. ....
https://www.motherjones.com/politics/2018/01/consumer-protection-bureau-ends-investigation-of-company-that-donated-to-leaders-campaigns/

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