This is a travesty Mulvaney needs to go. Why is he heading CFPB? He is against average American people!
This Administration's move to side with predatory payday lenders reveals their true intentions for the @CFPB. We cannot let the Trump Administration gut an agency that has looked out for working people since day one—this news deserves more attention.https://www.npr.org/2018/01/24/579961808/under-trump-appointee-consumer-protection-agency-seen-helping-payday-lenders …
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Payday lenders are legalized loan sharks with APR exceeding 2% per day, or 730% interest. The consumer can not afford to pay off their entire balance, so the rewrite an existing loan, and take it out again - it’s trap that is deliberately intended to prey on low income consumers
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Rs just have too many ppl they see as "other" -- their "us" is too small.
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Why is it even legal for the OMB Director to also head the CFPB or any other Federal agency? I know this is supposed to be a temporary appointment, but still ...
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“Mulvaney once introduced legislation to abolish the bureau and called the CFPB a ‘sick, sad’ joke.” Well, it is now.
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