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Senate confirms Chopra to lead Consumer Financial Protection Bureau

Senate confirms Chopra to lead Consumer Financial Protection Bureau
thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.

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State usury law caps loan rates, yet most lenders are exempt

State usury law caps loan rates, yet most lenders are exempt
latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.

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President Biden signs bipartisan bill to curb predatory lending

Dallas Examiner
President Biden signs bipartisan bill to curb predatory lending

In recent years, consumer finance protections withered through a series of harsh attacks that either outright rejected or significantly diminished financial guardrails in the marketplace. But a new consumer victory, urged by a groundswell of support from everyday people, academicians and bicameral legislators signals an important step towards fair financial rules.
On June 30, President Joe Biden’s signature ended an ill-advised rule that favored predatory loans instead of America’s consumers.
“These are so called “rent-a-bank” schemes,” Biden said at the June 30 signing ceremony. “And they allow lenders to prey on veterans, seniors and other unsuspecting borrowers tapping in the – trapping them into a cycle of debt. And the last administration let it [happen], but we won’t.” ....

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President Biden Signs Bipartisan Bill to Curb Predatory Lending - Los Angeles Sentinel

President Biden Signs Bipartisan Bill to Curb Predatory Lending - Los Angeles Sentinel
lasentinel.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lasentinel.net Daily Mail and Mail on Sunday newspapers.

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Markets flash inflation warnings

Gas prices worry Biden WH — Senate kills Trump lending rule ....

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