A Regulation on Payday Lenders Had Been Simply Delayed. Democrats Want to understand Why

A Regulation on Payday Lenders Had Been Simply Delayed. Democrats Want to understand Why

T he customer Financial Protection Bureau is made this season to aid protect US customers against bad practices that are corporate. But lawmakers that are democratic the agency has had a change under President Donald Trump.

This week, House Democrats started looking at a current choice by the agency to postpone a guideline on payday financing.

“This committee will maybe not tolerate the Trump Administration’s anti-consumer actions,” Rep. Maxine Waters stated at a hearing that seemed to the problem, and others, on Thursday. Continue reading “A Regulation on Payday Lenders Had Been Simply Delayed. Democrats Want to understand Why”