News & Articles

February 15, 2019

Expensive Loans to Desperate People Built This $90 Billion Industry

During the partial government shutdown, Wilbur Ross couldn’t understand why furloughed workers didn’t just “get a loan.” During the recent government shutdown, U.S. Secretary of Commerce Wilbur […]
February 15, 2019

Payday Loans Are No Worse Than Avocado Toast

The Consumer Financial Protection Bureau (CFPB) now proposes to rescind key provisions of its 2017 payday lending rule. Good. The old rule threatens to starve millions […]
February 15, 2019

Trump’s Payback for Payday Lenders

The new head of the Consumer Financial Protection Bureau is seeking to gut rules that protect Americans from a predatory industry. The federal Consumer Financial Protection […]