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Politics and Economics

Republicans Stand for Consumers with Repeal of the Durbin Amendment

Congressional Republicans, lead by Rep. Randy Neugebauer (R-TX), have taken a strong stand for consumers by pushing for the repeal of the Durbin Amendment. Enacted as part of the Dodd-Frank financial regulations bill in 2010, this amendment proposed by Sen. Richard Durbin (D-IL) capped the fees charged to merchants for customers using debit cards. Supporters […]

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 […]