Users of Congress Took Thousands from Payday Lenders Within times of using Official Actions to Benefit Industry
تاریخ ارسال: 19 مارس 2021
Users of Congress Took Thousands from Payday Lenders Within times of using Official Actions to Benefit Industry
- Rep. Alcee Hastings (D-FL): Hastings routinely takes actions to benefit the industry that is payday times of using their campaign money. Just to illustrate, within the times after authoring an op-ed protecting the payday financing industry in the conservative Washington Examiner, he received $20,000 in campaign efforts through the industry.
- Rep. Jeb Hensarling (R-TX): The chair that is powerful of House Financial solutions Committee voted to cap funding when it comes to CFPB and want it to “consult” with bureau-regulated industries “before applying new guidelines.” The very next day, Hensarling received $5,200 in campaign efforts through the payday financing industry.
- Rep. Will Hurd (R-TX): times after co-sponsoring legislation to repeal the law that developed the CFPB, which regulates payday loan providers, Hurd received $2,700 in campaign efforts through the lending industry that is payday.
- Rep. Blaine Luetkemeyer (R-MO): among the lending that is payday’s favorite people in Congress, Rep. Luetkemeyer frequently takes actions to profit the industry within times of using its campaign money. As an example, he received $5,000 in campaign efforts through the payday financing industry before voting to cripple the CFPB capability to hold companies like payday loan providers accountable.
- Rep. Patrick McHenry (R-NC): The week after giving the CFPB a letter concern that is“expressing within the bureau’s work to rein into the worst abuses regarding the payday industry, Rep. McHenry received a $2,000 campaign contribution from the payday financing industry PAC.
- Rep. Gregory Meeks (D-NY): After co-sponsoring a bill that could allow payday lenders to charge yearly interest prices as much as 391 %, Rep. Meeks received $2,500 in campaign efforts through the lending industry that is payday.
- Rep. Steve Pearce (R-NM): Four times after delivering a page to your Attorney General and FDIC protesting process Choke aim, a Department of Justice work compared by payday lenders that targeted unscrupulous financing methods, Rep.
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