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Wednesday, March 21, 2012

Payday lenders scrutinized for funneling cash to super PACs ? USATODAY.com

COMMENT: Payday lenders contributing to pro-Romney super PAC in a likely effort to stop the Consumer Financial Protection Bureau (CFPB) from regulating payday lending. These companies must hope that Romney would limit the power of the CFPB and other federal agencies from regulating this basically unregulated area. While Romney is against federal regulation in general, unclear where he would stand with regard to payday lending.

From: http://ping.fm/xiW8I

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