Independence is critical to the CFPB’s ability to aggressively and successfully fight for hard-working Americans and consumers.
Americans deserve a full-time cop on the beat with a proven track record of fighting for them, but the Trump administration’s hand-picked acting director is giving payday lenders a pass.
“under Mulvaney, the CFPB has put on hold a rule that would restrict payday lenders and their high-interest-rate loans. The agency has also dropped a lawsuit against online lenders charging 900 percent interest rates. Critics say these moves are payback for campaign contributions to Mulvaney when he was a congressman representing South Carolina.” – NPR, 1/24/18
Demand the Trump administration and Mulvaney do their jobs and fight for consumers >>
