The payday lending industry is cheering Mr. Mulvaney’s approach.

27 Июн 2021

The payday lending industry is cheering Mr. Mulvaney’s approach.

Payday Rules Relax on Trump’s Watch After Lobbying by Loan Providers

WASHINGTON — In mid-April, hundreds of people of the lending that is payday will check out Florida due to their yearly retreat featuring tennis and networking at a plush resort just outside Miami. The resort just is actually the Trump nationwide Doral driver.

It will probably cap per year when the industry moved from villain to victor, caused by a concentrated lobbying campaign which has culminated into the Trump administration’s l sening regulatory hold on payday lenders and a far friendlier approach by the industry’s nemesis, the buyer Financial Protection Bureau. Continue reading The payday lending industry is cheering Mr. Mulvaney’s approach.