Categories
Politics and Economics

CFPB Could Legislate a Financial Services Industry Out of Existence

Using regulatory authority granted to it by a Congress, a recently created federal agency will soon hand down proposed regulations that would just about eliminate the small-dollar lending industry out of existence. Acting on what it believes is public sentiment to regulate providers of such products like payday and title loans, this agency would legislate […]

Categories
Politics and Economics

CFPB Under Richard Cordray Tries to Cover Up Shameful Persecution of Auto Lenders

The out of control rogue CFPB caught trying to persecute auto lenders for racial discrimination based on bogus informaton[/caption] Much like using a ready, fire, aim approach to shooting at targets, the Consumer Financial Protection Bureau (CFPB) appears to have conducted in racial discrimination witch hunt against auto lenders in this same manner. The CFPB […]