Showing posts with label payday lenders. Show all posts
Showing posts with label payday lenders. Show all posts
Wednesday, October 4, 2023
Rightwing activist helps fund ‘predatory payday lenders’ in supreme court case
In her statement ahead of CFPB v CFSAA, Ciccone, of Accountable.US, said: "If Leo has his way, the supreme court will toss American consumers overboard to loan sharks and predatory lenders hungry to line their pockets by any means necessary."…
Monday, August 3, 2020
Opinion | The CFPB once defended consumers. Thanks to Trump, it now helps companies prey on them instead. - The Washington Post
For two days this week, Consumer Financial Protection Bureau Director Kathy Kraninger testified to Congress about protecting consumers during the coronavirus pandemic, first in the Senate and then in the House. It went about as well as could be expected, which is not particularly well at all. Kraninger, a thoroughly unqualified Trump appointee, has shown little interest in doing her purported job, which is protecting Americans from the financial services industry. Rep. Nydia M. Velázquez (D-N.Y.) said she lacked empathy, while Sen. Elizabeth Warren (D-Mass.) demanded she resign....
https://www.washingtonpost.com/opinions/2020/08/01/cfpb-once-defended-consumers-thanks-trump-it-now-helps-companies-prey-them-instead/


Saturday, November 2, 2019
Payday lenders discussed raising money for Trump’s campaign to fend off regulation, audio reveals - The Washington Post
The recording offers a surprisingly frank insight into the payday lending industry's strategy for advocating for weaker government regulations by forging a tight relationship with the Trump administration and the president's campaign.
https://www.washingtonpost.com/business/2019/10/29/payday-lenders-discussed-raising-money-trumps-campaign-fend-off-regulation-audio-reveals/
https://www.washingtonpost.com/business/2019/10/29/payday-lenders-discussed-raising-money-trumps-campaign-fend-off-regulation-audio-reveals/
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