"Mick Mulvaney and the payday lenders tried an end-run around the law and it was rightly rejected," said Will Corbett, litigation counsel @CRLONLINE. "Today’s ruling is a win for consumers." #ProtectConsumers #StopTheDebtTrap http://bit.ly/2K6AWX4
CFPB’s Acting Director Is Acting Up: Mulvaney Joins Payday Industry to Fight Regulation June 13, The Pasadena Journal Mick Mulvaney, the illegally appointed Acting Director of the Consumer Financial Protection Bureau (CFPB) is a glaring example of one who appears to consistently relegate the ﬁnancial concerns of America’s people in favor of businesses that harm instead of help consumers. His support of the payday and small-dollar lending industry is a prime example.
In Our View: We’re Inviting Another Crisis June 12, The Columbian With the nation barely out from under the shadow of the Great Recession, the Trump administration and a complicit Congress continue to ignore the lessons of the past decade. Safeguards put in place to protect against another economic meltdown are being rolled back, while protections for consumers are being ignored.