Under Trump Appointee, Customer Protection Agency Viewed Assisting Payday Lenders

Under Trump Appointee, Customer Protection Agency Viewed Assisting Payday Lenders

Mick Mulvaney, a former republican lawmaker and present White House budget chief, has also been chosen as interim mind of this customer Financial Protection Bureau. Astrid Riecken/Getty Photos hide caption

Mick Mulvaney, A republican that is former lawmaker present White House spending plan chief, has also been chosen as interim mind associated with customer Financial Protection Bureau.

Astrid Riecken/Getty Images

Payday loan providers seem to have friend that is powerful Washington.

Previous Republican Rep. Mick Mulvaney may be the head that is interim of customer Financial Protection Bureau.

he had been appointed by President Trump amid a continuing energy fight for control of the bureau.

Watchdog groups are up in hands because, under Mulvaney, the CFPB has put in hold a rule that will limit payday lenders and their loans that are high-interest-rate. Continue reading “Under Trump Appointee, Customer Protection Agency Viewed Assisting Payday Lenders”

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