Payday lenders are the devil, and amazingly enough have a tremendously powerful lobbying outfit despite being complete economic bottom feeders. Not surprising that the GOP should be amenable to their lobbying, but Dems? The head of the DNC undercutting Elizabeth Warren’s work? WTF?
Wasserman Schultz is co-sponsoring a new bill that would gut the CFPB’s forthcoming payday loan regulations. She’s also attempting to gin up Democratic support for the legislation on Capitol Hill, according to a memo obtained by The Huffington Post.
This is exactly the kind of shit that has kept Bernie Sanders an independent for 30 years.
The way to end this is for the press to ask Hillary Clinton about it and whether she supports this.