Right Side News
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 […]
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 […]
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 […]